Key Points
- Foreclosure starts, which are the initial phase of the process, rose 6% for the month and were 20% higher than the year before.
- Completed foreclosures, the final phase, were up 32% year over year.
- Florida, South Carolina and Illinois led the nation in state foreclosure filings.
While the numbers are still small, the persistent rise in foreclosures may be a sign of cracks in the housing market.
There were 36,766 U.S. properties with some type of foreclosure filing in October — such as default notices, scheduled auctions or bank repossessions, according to Attom, a property data and analytics firm. That was 3% higher than September and a 19% jump from October 2024, and marked the eighth straight month of annual increases, Attom said...
RSK: There is a correlation between foreclosures and high insurance rates in certain states such as Florida, Texas & California.
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- - Volume: 25 - WEEK: 47 Date: 11/18/2025 1:03:58 PM -