Foreclosure activity in the United States increased in 2025, according to ATTOM’s Year-End 2025 U.S. Foreclosure Market Report released Thursday. The report found that New Jersey had the sixth highest foreclosure rate among all states last year.
In 2025, foreclosure filings—including default notices, scheduled auctions, and bank repossessions—were reported on 367,460 properties nationwide. This marks a 14% increase from 2024 but remains 25% lower than levels seen in 2019 before pandemic-related changes affected the housing market.
The share of U.S. housing units with foreclosure filings was 0.26% in 2025, up from 0.23% in the previous year but down from the pre-pandemic rate of 0.36% recorded in 2019.
“Foreclosure activity increased in 2025, reflecting a continued normalization of the housing market following several years of historically low levels,” said Rob Barber, CEO at ATTOM.
“While filings, starts, and repossessions all rose compared to 2024, foreclosure activity remains well below pre-pandemic norms and a fraction of what we saw during the last housing crisis,” he said.
The report also highlighted that foreclosure filings were down by 87% compared to their peak in 2010 when nearly 2.9 million properties—or about 2.23% of all U.S. properties—were affected.
Florida led states with the highest foreclosure rates (1 in every 230 housing units), followed by Delaware (1 in every 240), South Carolina (1 in every 242), Illinois (1 in every 248), Nevada (1 in every 248), New Jersey (1 in every 273), Indiana (1 in every 302), Ohio (1 in every 307), Texas (1 in every 319), and Maryland (1 in every 326).
Among metropolitan areas with populations over 200,000, Lakeland, Florida; Columbia, South Carolina; Cleveland, Ohio; Cape Coral, Florida; and Atlantic City, New Jersey had some of the highest local rates.
The New Jersey Business and Industry Association represents private-sector employers across New Jersey and various industries such as manufacturing and services while providing advocacy and support for business prosperity statewide.
