The U.S. Foreclosure Map You Need To See
You might be seeing headlines about rising foreclosures — and they can sound pretty alarming. But the truth behind the numbers is very different from what those headlines suggest.
Let’s break it down.
Yes, Foreclosures Are Up Slightly — But Still Very Low Overall
Foreclosure starts have increased 7% in the first half of 2025. But that doesn’t mean we’re in a crisis.
📉 Only 0.13% of homes have filed for foreclosure so far this year. That’s less than 1 in every 750 homes.
Compare that to the 2010 housing crash, when 1 in every 45 homes faced foreclosure. Today’s numbers aren’t even close to that level.
Why This Isn’t Like the Last Crash
The 2008 crash was caused by:
Risky loans
Homeowners owing more than their homes were worth
People walking away because they had no equity
Today’s market is very different:
✅ Lending standards are much stronger
✅ Most homeowners have lots of equity
✅ If they fall on hard times, many can sell their home instead of losing it to foreclosure
As Rick Sharga of CJ Patrick Company says:
“A significant factor contributing to today’s low foreclosure activity is that homeowners — even those in foreclosure — have an unprecedented amount of home equity.”
What You Should Do If You’re Struggling
If you’re a homeowner facing financial difficulty, don’t panic. Talk to your mortgage provider — you may have options like refinancing, forbearance, or even selling your home before foreclosure becomes necessary.
Bottom Line
The media may focus on fear, but the data tells a different story. Foreclosures are still low by historical standards and not a sign of another housing crash.
If you want to understand what’s really going on in the market — or what this means for your home’s value — let’s connect. I’ll help you make sense of the numbers so you can move forward with confidence.
Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.