Foreclosure Rate Ticks Up For Eighth Straight Month

As affordability challenges press on, foreclosure rates increased for the eighth consecutive month. According to property data provider ATTOM’s October 2025 U.S. Foreclosure Market Report, there were a total of 36,766 properties with foreclosure filings in October. This figure represents an increase of 3% from the prior month and an increase of 19% from October 2024.

Nationwide, one in every 3,871 housing units had a foreclosure filing in October, but some states fared worse than others. Florida had the highest foreclosure rates. In Florida, one in every 1,829 housing units had a foreclosure filing, and in South Carolina, one in every 1,982 housing units had a foreclosure filing. These states were followed by Illinois and Delaware, where a respective one in every 2,570 housing units and one in every 2,710 housing units had a foreclosure filing.

Among metro areas with populations of 1 million or more, Tampa, FL posted the highest foreclosure rate in October 2025, at one in every 1,373 housing units. The increase reflects a temporary spike caused by the resumption of data collection in Hillsborough County, which added backlogged records and is expected to normalize in November. Following Tampa were Jacksonville, FL (one in every 1,576 housing units); Orlando, FL (one in every 1,703); Riverside, CA (one in every 1,983); and Cleveland, OH (one in every 2,114).