Foreclosures on the rise nationwide, data shows

Key Points:

• Foreclosure filings in the U.S. surged by 71% from 2020 to 2025, with Florida experiencing the highest number of filings per ZIP code, followed by several other states including New Jersey and California.
• Economic pressures such as job loss, rising mortgage rates, property taxes, insurance costs, and the end of pandemic protections have contributed to the recent increase in foreclosures.
• Homeowners of color face disproportionate impacts, with foreclosures in majority non-white ZIP codes averaging more than three times the national rate, reflecting ongoing effects from predatory lending practices.
• Personal stories, like that of Arizona resident Emily Arner who lost her home after her husband’s job loss, highlight how foreclosure can affect anyone lacking financial safety nets.
• Experts urge homeowners at risk of foreclosure to seek assistance from reputable housing counselors and state resources, emphasizing early intervention to prevent losing homes.