Foreclosures in the US increased by 18% in the 12 months to August 2025, despite a 1% fall on the previous month, according to ATTOM.

There was a total of 35,697 US properties with foreclosure filings (default notices, scheduled auctions or bank repossessions), with the worst foreclosure rates in Nevada, South Carolina, and Florida.

Rob Barber, CEO at ATTOM, said: “August marked the sixth consecutive month of year-over-year increases in U.S. foreclosure activity and the third straight month with double-digit annual growth.

“While overall levels remain below those seen before the pandemic, the ongoing rise in both foreclosure starts and completions suggests that some homeowners may be experiencing added financial strain in the current high-cost and high-interest-rate environment.”

Nationwide, one in every 3,987 housing units had a foreclosure filing in August 2025. Nevada however had one in every 2,069 housing units, South Carolina one in every 2,152 housing units and Florida one in every 2,512.

The major metropolitan areas with a population greater than 1 million with the worst foreclosure rates in August 2025 were Las Vegas, NV (one in every 1,817 housing units); Jacksonville, FL (one in every 2,057); Houston, TX (one in every 2,195); and Orlando, FL (one in every 2,210).

Lenders repossessed 4,077 US properties through completed foreclosures (REOs) in August 2025, an increase of 5% from last month and an increase of 41% from last year.