Industry Update
April 17, 2026

Source: ATTOM

What Is the Current Foreclosure Rate in the U.S.?

In March 2026, U.S. foreclosure activity increased from the prior month and remained higher than levels reported one year earlier, continuing a gradual normalization trend in the housing market.

Total filings: 45,921 properties with default notices, scheduled auctions, or bank repossessions

Monthly change: Up 18 percent from February 2026

Year-over-year change: Up 28 percent from March 2025

National rate: One in every 3,131 housing units had a foreclosure filing

States with the worst foreclosure rates: South Carolina, Indiana, Florida, Illinois, and New Jersey

Foreclosure Starts and Completions

Starts: Lenders initiated foreclosure proceedings on 30,334 U.S. properties during March 2026, up 17 percent from February and 21 percent above the level seen one year earlier.

Completions (REOs): Lenders repossessed 5,229 properties in March 2026, up 28 percent from the previous month and up 42 percent from March 2025.

What’s Driving March 2026 Foreclosure Trends?

Foreclosure activity in March 2026 continued to reflect a broader normalization trend following pandemic-era lows. Filings rose month over month, indicating a modest increase in distress, though volumes remain well below housing crisis levels. Strong homeowner equity, tight underwriting, and persistent demand continue to limit widespread foreclosure pressure.

Foreclosure Rates by State –  March 2026

1. South Carolina

1 in every 1,996 housing units (1,224 filings / 2,443,039 units)

Counties: Kershaw, Chester, Dorchester, Richland

2. Indiana

1 in every 2,122 housing units (1,403 filings / 2,976,568 units)

Counties: Morgan, Union, Madison, Martin

3. Florida

1 in every 2,124 housing units (4,829 filings / 10,256,470 units)

Counties: Baker, Hamilton, Hendry, Levy

4. Illinois

1 in every 2,238 housing units (2,439 filings / 5,457,452 units)

Counties: Ford, Cumberland, Dewitt, Knox

5. New Jersey

1 in every 2,266 housing units (1,673 filings / 3,791,354 units)

Counties: Cumberland, Salem, Gloucester, Camden

6. Nevada

1 in every 2,421 housing units (548 filings / 1,326,471 units)

Counties: Lander, Clark, White Pine, Pershing

7. Maryland

1 in every 2,443 housing units (1,048 filings / 2,560,784 units)

Counties: Baltimore City, Caroline, Charles, Kent

8. Georgia

1 in every 2,466 housing units (1,842 filings / 4,541,835 units)

Counties: Troup, Quitman, Decatur, Butts

9. Ohio

1 in every 2,538 housing units (2,085 filings / 5,292,391 units)

Counties: Cuyahoga, Jefferson, Knox, Darke

10. Texas

1 in every 2,598 housing units (4,669 filings / 12,128,515 units)

Counties: Liberty, Gregg, Kaufman, Edwards

11. Alabama

1 in every 2,647 housing units (883 filings / 2,337,265 units)

Counties: Coosa, Greene, Jefferson, Fayette

12. Delaware

1 in every 2,796 housing units (166 filings / 464,203 units)

Counties: Kent, New Castle, Sussex

13. Utah

1 in every 2,806 housing units (436 filings / 1,223,468 units)

Counties: Piute, Tooele, Uintah, Sevier

14. Iowa

1 in every 2,916 housing units (493 filings / 1,437,699 units)

Counties: Winnebago, Clinton, Jasper, Fremont

15. Louisiana

1 in every 2,929 housing units (720 filings / 2,108,902 units)

Counties: Ascension, Saint Charles, Tangipahoa, Livingston

16. North Carolina

1 in every 2,955 housing units (1,657 filings / 4,895,668 units)

Counties: Northampton, Tyrrell, Graham, Rockingham

17. Arizona

1 in every 2,976 housing units (1,073 filings / 3,192,839 units)

Counties: Pinal, Graham, Pima, Cochise

18. California

1 in every 3,088 housing units (4,742 filings / 14,644,735 units)

Counties: Trinity, Mendocino, Shasta, Lake

19. Pennsylvania

1 in every 3,134 housing units (1,853 filings / 5,806,452 units)

Counties: Philadelphia, Montgomery, Fayette, Lancaster

20. New York

1 in every 3,157 housing units (2,719 filings / 8,585,241 units)

Counties: Montgomery, Genesee, Herkimer, Greene

21. Colorado

1 in every 3,244 housing units (798 filings / 2,589,053 units)

Counties: Pueblo, Washington, Elbert, Huerfano

22. Oklahoma

1 in every 3,356 housing units (529 filings / 1,775,127 units)

Counties: Muskogee, Canadian, Noble, Woods

23. Alaska

1 in every 3,476 housing units (92 filings / 319,781 units)

Counties: Prince of Wales-Hyder Census Area, Anchorage, Ketchikan Gateway, Matanuska-Susitna

24. Minnesota

1 in every 3,590 housing units (709 filings / 2,545,030 units)

Counties: Sibley, Lac Qui Parle, Isanti, Freeborn

25. Michigan

1 in every 3,907 housing units (1,183 filings / 4,622,236 units)

Counties: Jackson, Shiawassee, Oceana, Montcalm

26. Arkansas

1 in every 3,918 housing units (356 filings / 1,394,673 units)

Counties: Arkansas, Howard, Lafayette, Clay

27. New Mexico

1 in every 4,291 housing units (223 filings / 956,964 units)

Counties: Colfax, Union, Valencia, Torrance

28. Idaho

1 in every 5,000 housing units (159 filings / 795,014 units)

Counties: Gem, Payette, Franklin, Bannock

29. Nebraska

1 in every 5,330 housing units (162 filings / 863,444 units)

Counties: Thayer, Frontier, Hamilton, York

30. Connecticut

1 in every 5,391 housing units (286 filings / 1,541,822 units)

Counties: Northeastern Connecticut, South Central Connecticut, Naugatuck Valley, Greater Bridgeport

31. Kentucky

1 in every 5,498 housing units (368 filings / 2,023,116 units)

Counties: Kenton, Muhlenberg, Hancock, Christian

32. Tennessee

1 in every 5,594 housing units (562 filings / 3,143,670 units)

Counties: Hardeman, Montgomery, Houston, Humphreys

33. Virginia

1 in every 5,686 housing units (648 filings / 3,684,756 units)

Counties: Emporia City, Sussex, Hopewell City, Greensville

34. Washington

1 in every 5,711 housing units (579 filings / 3,306,620 units)

Counties: Franklin, Grays Harbor, Lewis, Cowlitz

35. Wyoming

1 in every 5,774 housing units (48 filings / 277,141 units)

Counties: Hot Springs, Sweetwater, Campbell, Lincoln

36. Missouri

1 in every 5,790 housing units (488 filings / 2,825,287 units)

Counties: Wright, Vernon, Dent, Iron

37. Mississippi

1 in every 5,856 housing units (229 filings / 1,341,114 units)

Counties: Sunflower, Tunica, Panola, Grenada

38. New Hampshire

1 in every 5,949 housing units (109 filings / 648,472 units)

Counties: Cheshire, Belknap, Rockingham, Merrimack

39. Massachusetts

1 in every 5,965 housing units (508 filings / 3,030,406 units)

Counties: Franklin, Hampden, Worcester, Bristol

40. Maine

1 in every 6,015 housing units (125 filings / 751,876 units)

Counties: Aroostook, Sagadahoc, Somerset, Knox

41. Oregon

1 in every 6,683 housing units (278 filings / 1,857,992 units)

Counties: Umatilla, Columbia, Clackamas, Malheur

42. Hawaii

1 in every 6,926 housing units (82 filings / 567,896 units)

Counties: Honolulu, Hawaii, Kauai, Maui

43. Rhode Island

1 in every 7,476 housing units (65 filings / 485,932 units)

Counties: Kent, Providence, Bristol, Washington

44. West Virginia

1 in every 7,622 housing units (113 filings / 861,325 units)

Counties: Cabell, Grant, Raleigh, Hampshire

45. Kansas

1 in every 8,984 housing units (144 filings / 1,293,635 units)

Counties: Morton, Graham, Cheyenne, Cherokee

46. Wisconsin

1 in every 9,051 housing units (307 filings / 2,778,572 units)

Counties: Langlade, Marinette, Taylor, Marathon

47. North Dakota

1 in every 9,928 housing units (38 filings / 377,281 units)

Counties: Nelson, Pierce, Mchenry, Morton

48. Montana

1 in every 10,162 housing units (52 filings / 528,419 units)

Counties: Sweet Grass, Big Horn, Stillwater, Hill

49. Vermont

1 in every 12,557 housing units (27 filings / 339,042 units)

Counties: Bennington, Rutland, Essex, Orleans

50. South Dakota

1 in every 16,880 housing units (24 filings / 405,114 units)

Counties: Yankton, Pennington, Minnehaha, Brookings

Key Insights from March 2026 Foreclosure Market Report

Foreclosure activity in March 2026 increased compared with the previous month and year, extending the ongoing normalization trend. While filings have risen from prior lows, overall foreclosure activity remains significantly below peak levels seen during the housing crisis.

Explore ATTOM’s Foreclosure Data

ATTOM’s Foreclosure Data tracks default notices, scheduled auctions, and bank repossessions nationwide, with historical trends and county-level insights. This data empowers lenders, investors, and market analysts to monitor loan default trends, assess market risks, and uncover investment opportunities.

 

For full report, please click the source link above.

 

Industry Update
April 14, 2026

Source: ATTOM

ATTOM, the leading provider of property data, AI-powered analytics, and real estate intelligence solutions, today released its Q1 2026 U.S. Foreclosure Market Report, which shows a total of 118,727 U.S. properties with a foreclosure filing during the first quarter of 2026, up 6 percent from the previous quarter and up 26 percent from a year ago.

The report also shows a total of 45,921 U.S. properties with foreclosure filings in March 2026, up 18 percent from the previous month and up 28 percent from a year ago.

“Foreclosure activity increased in the first quarter, with both starts and completed foreclosures posting solid year-over-year gains,” said Rob Barber, CEO at ATTOM. “While volumes remain below historical peaks, the continued rise, especially in starts and bank repossessions, suggests financial pressure may be building for some homeowners and could signal shifting housing market dynamics.”

Foreclosure starts rise nationwide

A total of 82,631 U.S. properties started the foreclosure process in Q1 2026, up 7 percent from the previous quarter and up 20 percent from a year ago.

States that had the greatest number of foreclosure starts in first quarter of 2026 included: Texas (10,617 foreclosure starts); Florida (10,099 foreclosure starts); California (7,985 foreclosure starts); Georgia (4,356 foreclosure starts); and New York (3,886 foreclosure starts).

Those major metros with a population of 200,000 or more that had the greatest number of foreclosures starts in Q1 2026 included New York, NY (3,868 foreclosure starts); Houston, TX (3,614 foreclosure starts); Chicago, IL (3,401 foreclosure starts); Atlanta, GA (2,520 foreclosure starts); and Dallas, TX (2,427 foreclosure starts).

Worst foreclosure rates in Indiana, South Carolina, and Florida

Nationwide one in every 1,211 housing units had a foreclosure filing in Q1 2026. States with the worst foreclosure rates were Indiana (one in every 739 housing units with a foreclosure filing); South Carolina (one in every 743 housing units); Florida (one in every 750 housing units); Delaware (one in every 757 housing units); and Illinois (one in every 833 housing units).

Among 227 metropolitan statistical areas with a population of at least 200,000, those with the worst foreclosure rates in Q1 2026 were Lakeland, Florida (one in every 409 housing units); Punta Gorda, FL (one in 416); Columbia, SC (one in 440); Fayetteville, NC (one in 480); and Macon, GA (one in 492).

Major metros with a population of at least 1 million and foreclosure rates in the top 20 worst nationwide included Cleveland, OH (No. 6); Jacksonville, Florida (No.11); Indianapolis, IN (No. 12); and Orlando, Florida (No. 17).

Bank repossessions post 45 percent annual gain

Lenders repossessed 14,020 U.S. properties through foreclosure (REO) in Q1 2026, up 2 percent from the previous quarter and up 45 percent from a year ago.

Among states with 100 or more REOs in Q1 2026, those with the greatest annual increases in number of REOs were Colorado (increase from 99 REOs in Q1 2025 to 321 REOs in Q1 2026); Alabama (increase from 153 to 355); Washington (increase from 104 to 224); Oregon (increase from 80 to 170); and Florida (increase from 487 to 1,014).

Average foreclosure timelines decline 14 percent from last year

Properties foreclosed in Q1 2026 had been in the foreclosure process for an average of 577 days. This was down 3 percent from the previous quarter and 14 percent from the same time last year, marking six consecutive quarters of decline.

States with the longest average foreclosure timelines for homes foreclosed in Q1 2026 were Louisiana (3,140 days); Hawaii (2,119 days); New York (1,911 days); Connecticut (1,686 days); and Nevada (1,422 days).

States with the shortest average foreclosure timelines for homes foreclosed in Q1 2026 were Texas (165 days); West Virgina (178 days); Alaska (192 days); Wyoming (193 days); and Rhode Island (219 days).

March 2026 Foreclosure Activity High-Level Takeaways

Nationwide in March 2026, one in every 3,131 properties had a foreclosure filing.

States with the worst foreclosure rates in March 2026 were South Carolina (one in every 1,996 housing units with a foreclosure filing); Indiana (one in every 2,122 housing units); Florida (one in every 2,124 housing units); Illinois (one in every 2,238 housing units); and New Jersey (one in every 2,266 housing units).

30,334 U.S. properties started the foreclosure process in March 2026, up 17 percent from the previous month and up 21 percent from March 2025.

Lenders completed the foreclosure process on 5,229 U.S. properties in March 2026, up 28 percent from the previous month and up 42 percent from December 2025.

Report conclusion

Foreclosure activity continued to trend upward in Q1 2026, with both starts and completions increasing year-over-year. While volumes remain low by historical standards, the sustained growth over recent quarters may point to a market gradually adjusting to broader economic pressures.

 

For full report, please click the source link above.