By Julie Gerstein | finance.yahoo.com

Foreclosure activity continued to rise in August, increasing 1% from July and 13% from August 2025, according to ATTOM’s August 2026 U.S. Foreclosure Market Report. A total of 40,277 properties faced foreclosure filings, including default notices, scheduled auctions, or bank repossessions.

Florida recorded the most new foreclosure starts with 3,189, followed by Texas with 3,126 and California with 2,565. South Carolina, Nevada, and Florida had the highest foreclosure rates relative to housing units.

Bank repossessions saw the sharpest increase, reaching 5,794 properties—up 22% from July and 42% from a year earlier. Texas led in completed foreclosures with 1,835, followed by California with 589 and North Carolina with 356.

Among major metro areas, Columbia, South Carolina, had the highest foreclosure rate, while Cleveland recorded the largest year-over-year decline in foreclosure starts.

Despite the increases, ATTOM CEO Rob Barber said foreclosure activity remains well below historical crisis levels, and the broader housing market continues to show resilience.

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