According to ATTOM’s February 2025 U.S. Foreclosure Market Report, there were a total of 32,383 U.S. properties with foreclosure filings. This figure is 5% higher than January and a 1.7% lower than one year ago. Across the country, one out of every 4,395 housing units had a foreclosure filing in February. The States with the highest foreclosure rates were Delaware (one in every 2,278 housing units with a foreclosure filing); Illinois (one in every 2,333 units); Nevada (one in every 2,435 units); New Jersey (one in every 2,695 units); and South Carolina (one in every 2,816 units).
“February’s rise in foreclosure filings suggests evolving market pressures…While some increase may reflect seasonal trends, the uptick in foreclosure starts both month-over-month and year-over-year signals potential shifts. We’ll continue monitoring how economic factors influence foreclosure activity moving forward. Said Rob Barber, CEO of ATTOM.
Click here to read the full report at ATTOM.