Foreclosures Surge In Florida
Foreclosures in Florida surged in the third quarter, according to real estate firm ATTOM. Across the nation, they rose slightly. “In 2025, we’ve seen a consistent pattern of foreclosure activity trending higher, with both starts and completions posting year-over-year increases for consecutive quarters,” said Rob Barber, CEO at ATTOM
Based on total foreclosures, the states with the highest number of foreclosure starts in the third quarter of 2025 were Texas (9,736) and Florida (8,909).
Across the country, one in every 1,402 housing units had a foreclosure filing in Q3 2025. The state with the worst foreclosure rate was Florida (one in every 814 housing units with a foreclosure filing)
Hardest Hit Cities
The reports stated, “Among 225 metropolitan statistical areas with a population of at least 200,000, those with the worst foreclosure rates in Q3 2025 were Lakeland, Florida (one in every 470 housing units); Columbia, South Carolina (one in 506); Cape Coral, Florida (one in 589); Cleveland, Ohio (one in 593); and Ocala, Florida (one in 665).”
Many of these cities are in the path of hurricanes and were damaged by Hurricanes Milton and Helene last year. Home prices have plunged in some of these areas, and insurance rates have skyrocketed due to the damage.
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