MAPPED: Here's Where Foreclosure Activity Is the Highest

Core Insights - Foreclosure activity in the U.S. has increased by 19% year-over-year as of October 2025, marking the eighth consecutive month of increases, although it remains below historic highs [1][4][6]. Group 1: Foreclosure Trends - States with the highest foreclosure activity include Florida, Illinois, South Carolina, and Delaware, with Florida experiencing a more than 70% increase year-over-year [3][6]. - Specific increases in foreclosure activity include South Carolina at nearly 68%, Illinois at about 33%, and Delaware at around 25% [3]. - In contrast, Colorado and Alaska saw significant spikes in foreclosure activity, with increases of approximately 145% and 127%, respectively [3]. Group 2: Market Implications - Rising foreclosure rates can lead to an increase in the number of houses for sale, potentially affecting selling prices and providing insights into the overall health of the housing market [2]. - The current trend reflects broader affordability challenges and higher borrowing costs impacting homeowners nationwide [8]. Group 3: Regional Insights - Tampa has the highest foreclosure activity among U.S. cities, with one in every 1,373 housing units in foreclosure, although this is noted as a temporary spike due to backlogged data [7]. - Other cities with notable foreclosure activity include Jacksonville, Orlando, Riverside, and Cleveland [7]. Group 4: Economic Context - Elevated housing costs and mortgage rates, currently at 6.24%, continue to create market conditions that keep housing sales near historically low levels, with the median price of existing-home sales at $440,387 as of September [9].