Foreclosures exceed last year’s pace by 6%

Foreclosures in 2025 are exceeding last year’s pace, but servicers are also managing to turn around the process more rapidly, according to a new report.

Total filings, including default notices, auctions and bank repossessions, surged to 187,659 properties by midyear, up 5.8% compared to the first six months of 2024, according to the latest report from real estate data provider Attom. One out of every 758 homes had a foreclosure filing listing associated with it, accounting for 0.13% of all properties.

Current growth rates were also higher when comparing January-to-June numbers of 2023 but up by only 1.1%.

“Foreclosure activity continued its upward trend in the first half of 2025, with increases in both starts and completed foreclosures compared to last year,” said Attom CEO Rob Barber…