Foreclosure Starts Increase 11% from Last Year; Completed Foreclosures Increase 18%
IRVINE, Calif., Aug. 14, 2025 /PRNewswire/ -- ATTOM, a leading curator of land, property data, and real estate analytics, today released its July 2025 U.S. Foreclosure Market Report, which shows there were a total of 36,128 U.S. properties with foreclosure filings— default notices, scheduled auctions or bank repossessions — up 11 percent from a month ago and up 13 percent from a year ago.
Nevada, Florida, and Maryland post worst foreclosure rates
Nationwide, one in every 3,939 housing units had a foreclosure filing in July 2025. States with the worst foreclosure rates were Nevada (one in every 2,326 housing units with a foreclosure filing); Florida (one in every 2,420 housing units); Maryland (one in every 2,566 housing units); South Carolina (one in every 2,588 housing units); and Illinois (one in every 2,727 housing units).
Among the 110 metropolitan statistical areas with a population of at least 500,000, those with the worst foreclosure rates in July 2025 were Bakersfield, CA (one in every 1,538 housing units with a foreclosure filing); Cape Coral, FL (one in every 1,735 housing units); Lakeland, FL (one in every 1,802 housing units); Columbia, SC (one in every 1,803 housing units); and Deltona, FL (one in every 1,818 housing units).
Those major metropolitan areas with a population greater than 1 million with the worst foreclosure rates in July 2025 were: Houston, TX (one in every 1,882 housing units); Jacksonville, FL (one in every 1,893 housing units); Las Vegas, NV (one in every 1,914 housing units); Riverside, CA (one in every 1,921 housing units); and Cleveland, OH (one in every 2,030 housing units).
Greatest numbers of foreclosure starts in Texas, Florida, and California
Lenders started the foreclosure process on 24,302 U.S. properties in July 2025, up 12 percent from last month and up 11 percent from a year ago.
States that had the greatest number of foreclosure starts in July 2025 included: Texas (3,600 foreclosure starts); Florida (2,891 foreclosure starts); California (2,830 foreclosure starts); Illinois (1,177 foreclosure starts); and Ohio (1,029 foreclosure starts).
Those major metropolitan areas with a population greater than 1 million that had the greatest number of foreclosure starts in July 2025 included: Houston, TX (1,406 foreclosure starts); Chicago, IL (1,117 foreclosure starts); New York, NY (1,003 foreclosure starts); Miami, FL (920 foreclosure starts); and Dallas, TX (751 foreclosure starts).