U.S. Foreclosure rates up 14%, Florida topping the nation
Published by RawNews1st
U.S. foreclosure filings rose 14% in 2025 to 367,460 properties, driven by increased ownership costs, yet remained 25% below pre-pandemic levels. Florida led the nation with the highest state foreclosure rate (0.44% of housing units), with Tampa and other areas facing significant pressure from rising insurance and taxes.
- 2025 saw 367,460 U.S. properties with foreclosure filings, a 14% increase from 2024, indicating a return toward normalized, pre-COVID-19 levels.
- Florida’s Lead: Florida recorded the highest state foreclosure rate in 2025 at 0.44% of all residential properties (one in every 230 housing units), with high insurance premiums and property taxes exacerbating financial pressure on homeowners.
- Following Florida, the highest 2025 foreclosure rates were in Delaware (0.42%), South Carolina (0.41%), Illinois (0.40%), and Maryland.
- Metro Hotspots: Within Florida, Tampa emerged as a major foreclosure epicenter, with other areas like Lakeland and Ocala also seeing high rates.
- Context: While up 14% year-over-year, the 2025 foreclosure volume remains 25% lower than 2019, suggesting a gradual, yet consistent, normalization rather than a 2008-style crisis.
December 2025 data showed that 44,990 properties had foreclosure filings, a 57% increase year-over-year, indicating an acceleration in activity towards the end of the year.
