ATTOM’s October U.S. Foreclosure Market Report showed there were 36,766 properties with foreclosure filings, up 3 percent from a month ago and up 19 percent from a year ago.

“Foreclosure activity continued its steady upward trend in October, the eighth straight month of year-over-year increases. Starts rose nearly 20 percent, while completed foreclosures were up 32 percent from last year,” ATTOM CEO Rob Barber said in a release. “Even with these increases, activity remains well below historic highs. The current trend appears to reflect a gradual normalization in foreclosure volumes as market conditions adjust and some homeowners continue to navigate higher housing and borrowing costs.”

Nationwide, one in every 3,871 housing units had a foreclosure filing in October. States with the worst foreclosure rates were Florida (one in every 1,829 housing units with a foreclosure filing); South Carolina (one in every 1,982 housing units); Illinois (one in every 2,570 housing units); Delaware (one in every 2,710 housing units); and Nevada (one in every 2,747 housing units).

Among metro areas with populations of 1 million or more, Tampa, Fla., posted the highest foreclosure rate in October, at one in every 1,373 housing units. The increase reflects a temporary spike caused by the resumption of data collection in Hillsborough County, which added backlogged records and is expected to normalize in November. Following Tampa were Jacksonville, Fla. (one in every 1,576 housing units); Orlando, Fla. (one in every 1,703); Riverside, Calif. (one in every 1,983); and Cleveland (one in every 2,114).

Lenders started the foreclosure process on 25,129 properties in October, up 6 percent from last month and up 20 percent from a year ago.

States that had the greatest number of foreclosure starts in October included: Florida (4,136 foreclosure starts); Texas (3,080); California (2,685); Illinois (1,252); and New York (1,165).

The major metropolitan statistical areas (MSAs) with a population greater than 1 million that saw the greatest year-over-year decline in foreclosure starts in October included: Milwaukee (decrease from 33 foreclosure starts in October 2024 to 15 in October 2025); Indianapolis (decrease from 252 to 142 foreclosure starts); Louisville, Ky. (decrease from 59 to 45); Washington, D.C. (decrease from 308 to 239); and Detroit (decrease from 541 to 428).

Lenders repossessed 3,872 properties through completed foreclosures (REOs) in October, an increase of 2 percent from last month and an increase of 32 percent from last year.

States that had the greatest number of REOs in October included: Texas (358 REOs); California (336); Florida (243); Pennsylvania (205); and Illinois (187).

Those major MSAs with a population greater than 1 million that saw the greatest number of REOs in October included: Chicago (122 REOs); Atlanta (117); New York (111); Houston (74); and Riverside, Calif. (72).