April 2025 Sees Annual Rise in U.S. Foreclosure Activity, Report Reveals

U.S. Foreclosure Market Report: April 2025

In its latest report, ATTOM, a prominent curator focused on real estate analytics, has unveiled significant insights regarding the state of foreclosure activities across the United States for April 2025. The findings reveal that the total number of U.S. properties experiencing foreclosure filings reached 36,033, marking a modest increase of 0.4% from the previous month. More significantly, this figure represents a notable climb of 13.9% when compared to the same period last year.

Rob Barber, the CEO of ATTOM, highlighted the persistent upward trend in foreclosure activity, reflecting an environment where homeowners are increasingly feeling the pressure of ongoing economic challenges. Although these volumes remain below historical averages, the annual increase serves as a concerning indicator of the current housing market dynamics.

Foreclosure Rates and Regional Analysis

The report sheds light on the completed foreclosures, also known as Real Estate Owned (REOs), which totaled 3,580 across the nation in April 2025. While this figure demonstrates a slight decline of 2.9% from March, it shows a robust increase of 23.3% compared to the previous year. In contrast, some states have managed to report significant declines in REOs, with South Carolina leading the way with a dramatic decrease of 45.9%, followed by Maryland at 42.5%, and Ohio at 22.4%.

Interestingly, certain metropolitan areas emerged as hotspots for foreclosure filings. Chicago, Illinois topped the list with 220 REOs, followed by Atlanta, Georgia (213), and New York City (143). These numbers emphasize the varying impact of foreclosure activity across different regions.

States with the Worst Foreclosure Rates

As of April 2025, the nationwide average indicated that one in every 3,950 housing units had faced a foreclosure filing. However, South Carolina and Illinois exhibited the most severe foreclosure rates, with one in every 2,311 and 2,405 housing units recorded respectively. Florida and Delaware also found themselves in troubling positions within this foreclosure landscape.

Among major metropolitan statistical areas with populations exceeding 200,000, places like Warner Robins, Georgia (1 in every 1,512 housing units), and Killeen-Temple, Texas (1 in every 1,590), showcased alarmingly high foreclosure rates, indicating that these regions may be experiencing significant housing market distress.

Monthly and Annual Increases in Foreclosure Starts

A noteworthy aspect of the April report is the rise in foreclosure starts, with lenders initiating the process for 25,265 properties, which translates to a monthly increase of 0.8% and a remarkable annual surge of 16.1%. The states reporting the highest number of foreclosure starts included Texas (3,280), Florida (2,810), and California (2,501). Major metropolitan areas also reflect similar trends, exemplified by Houston (1,202) and Chicago (1,139), signaling a broader concern for the overall housing market.

Understanding the Foreclosure Landscape

The U.S. Foreclosure Market Report offered by ATTOM captures a comprehensive view of property statuses relating to foreclosure initiated from both judicial and non-judicial processes across the U.S. The data encompasses filings such as Notices of Default, Notices of Trustee Sale, and REO properties. Through this meticulous reporting, ATTOM not only provides valuable insights into current market conditions but also aids various industries in decision-making processes.

With over 99% of the U.S. population accounted for through their data collection efforts spanning across more than 3,000 counties, ATTOM remains a crucial player in the delivery of property analytics and real estate data.

As the dynamics of the U.S. housing market continue to evolve, stakeholders, including homeowners and investors alike, would need to remain vigilant and informed. The implications of increasing foreclosure activity can reshape neighborhoods and influence buyer sentiment, urging a reassessment of strategies to navigate this ongoing challenge.

For further information about this report and the underlying data analysis, you can contact ATTOM’s media relations directly.