Although residential foreclosures across the U.S. were pretty level during the third quarter, they are still up 17 percent from a year ago. Those numbers are according to the Q3 2025 Foreclosure Market Report from Attom, a California-based curator of land, property and real estate data.
The report shows a total of 101,513 U.S. properties with foreclosure filings during the third quarter, up less than 1 percent from the previous quarter, but up 17 percent from last year. The report also shows a total of 35,602 U.S. properties with foreclosure filings in September, down 0.3 percent from the previous month and up 20 percent from a year ago.
“In 2025, we’ve seen a consistent pattern of foreclosure activity trending higher, with both starts and completions posting year-over-year increases for consecutive quarters,” said Rob Barber, CEO at Attom. “While these figures remain within a historically reasonable range, the persistence of this trend could be an early indicator of emerging borrower strain in some areas.”
A total of 72,317 U.S. properties started the foreclosure process in Q3 2025, up 2 percent from the previous quarter and up 16 percent from a year ago.
States that had the greatest number of foreclosure starts in the third quarter included Texas (9,736 foreclosure starts); Florida (8,909); California (7,862); Illinois (3,515); and New York (3,234).
The major metros with a population of 200,000 or more that had the greatest number of foreclosures starts in Q3 2025 included Houston (3,763 foreclosure starts); New York City (3,452); Chicago (3,144); Miami (2,502); and Los Angeles (2,321).
Nationwide, one in every 1,402 housing units had a foreclosure filing in Q3 2025. States with the worst foreclosure rates were Florida (one in every 814 housing units with a foreclosure filing), Nevada (one in every 831), South Carolina (one in every 867), Illinois (one in every 944) and Delaware (one in every 974).
Among 225 metropolitan statistical areas with a population of at least 200,000, those with the worst foreclosure rates in Q3 2025 were Lakeland, Florida (one in every 470 housing units); Columbia, South Carolina (one in 506); Cape Coral, Florida (one in 589); Cleveland (one in 593); and Ocala, Florida (one in 665).
Other major metros with a population of at least 1 million, including Cleveland at No. 4, and foreclosure rates in the top 20 worst nationwide, included Jacksonville, Florida at No. 6; Las Vegas at No. 9; Houston at No. 14; and Orlando, Florida, at No. 17.
Lenders repossessed 11,723 U.S. properties through foreclosure (REO) in Q3 2025, up 4 percent from the previous quarter and up 33 percent from a year ago.
Utah ranked No. 13 in the nation for the percentage of homes in some stage of foreclosure, with 908 properties, down 0.87 percent for the quarter.