Florida, Texas, and California Lead the Nation in Foreclosure Starts

3 days ago 15

Foreclosure activity continued an upward trajectory in August, with data showing both monthly and annual increases—although foreclosures remain well below crisis levels.Overall, 40,277 properties were involved in foreclosure filings in August—up 1% from July 2026 and 13% from August 2025—according to the August 2026 U.S. Foreclosure Market Report released by property data provider ATTOM. These properties either received default notices, were scheduled for auction, or were repossessed by banks.“August’s data shows that foreclosure activity continues to trend above year-ago levels, particularly in completed foreclosures, which saw a notable annual increase,” said Rob Barber, CEO of ATTOM. He noted that “overall foreclosure volumes remain well below historical norms and the broader housing market continues to demonstrate resilience.”On the state level, Florida led the nation in new foreclosure starts with 3,189 filings, followed closely by Texas with 3,126 starts and California with 2,565 starts. Illinois and Georgia rounded out the top five states for foreclosure starts, recording 1,192 and 1,189 starts, respectively.Meanwhile, South Carolina, Nevada, and Florida had the highest per ...

Read Entire Article