Foreclosure starts were down slightly in August compared with July but were up 17% in compared with August 2024, according to ATTOM’s latest U.S. Foreclosure Market Report.
Still, foreclosures remain near historical lows. States that had the greatest number of foreclosure starts in August included Texas (2,982), Florida (2,803), California (2,558), New York (1,207) and Illinois (1,170).In addition, completed foreclosures were up 5% compared with July and were up 41% compared with a year ago.
States that had the greatest number of REOs in August included Texas (476), California (343), New York (319), Florida (276) and Illinois (232).
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