Foreclosure activity inched up at the start of 2025, with a recent report from property data provider ATTOM showing that 30,816 properties had foreclosure filings in January. This is an 8% increase from the previous month but 7% lower than a year ago. The state with the most foreclosure filings is Delaware, where one in every 1,839 homes has a foreclosure filing. This is followed by Nevada, where one in every 2,430 homes is foreclosed on; and Indiana, where one in every 2,459 homes has a foreclosure filing.
“January showed a monthly increase in foreclosure filings that may in some part be the result of a normal post-holiday catch up of filings,” said Rob Barber, CEO at ATTOM. “It’s too early to know if 2025 will shift from the general 2024 trends of a continued decline in foreclosure activity. We will keep a close eye on the market to see how interest rates, inflation, employment shifts, and other market dynamics impact foreclosures in 2025.” Read more