Foreclosure activity in the United States fluctuates significantly, showing patterns of surges and declines month-to-month. November 2025 data indicates a decrease in new foreclosure filings, notably a 7.65% dip from October, with a total of 23,239 Foreclosure Starts. Despite this decline, the year-over-year figures remain concerning, with a 16.80% increase compared to November 2024, suggesting persistent financial distress among homeowners.
Real estate investors closely monitor these foreclosure filings, particularly the early-stage “Foreclosure Starts,” as they signal potential opportunities for motivated sellers. While the national data reflects a temporary slowdown, specific states present a more intricate picture of rising stress levels.
Foreclosure activity varied by state in November. Florida experienced a significant month-over-month drop of 31.84%, although its annual figures rose by 15.63%. California, Ohio, North Carolina, and Texas also reported declines in new filings, but year-over-year increases highlight ongoing financial pressures. For instance, Texas displayed stable foreclosure activity, benefiting from a swift nonjudicial foreclosure process.
Noteworthy county-level trends reveal that despite overall declines, several areas are seeing increased filings. In Florida, for example, Hillsborough County showed a rise in early-stage filings despite the state’s overall decrease. Similarly, in Ohio, Columbus witnessed a significant uptick in foreclosure filings.
Investors are urged to take advantage of such localized data, which can act as an early-warning system for potential opportunities in the pre-foreclosure market, auction volumes, and future real estate owned (REO) inventory.
Why this story matters
- It highlights trends in foreclosure activity relevant for real estate investors and homeowners.
Key takeaway
- While national filings are down, year-over-year figures indicate persistent distress, necessitating close monitoring of localized markets.
Opposing viewpoint
- Some may argue that short-term fluctuations do not accurately reflect the long-term stability of the housing market, suggesting a more optimistic outlook.
