Here’s A Comprehensive Look At Florida Foreclosure Rates. Buckle Up, It’s Only Going To Get Worse!

Foreclosure rates in the United States peaked in 2010 during the “foreclosure crisis.”  At the height of the housing market collapse widespread mortgage delinquencies  triggered a surge in foreclosures. That in turn, caused a steep devaluation in mortgage-backed securities. After the crisis, foreclosure activity steadily declined across the country.

The federal government wanted desperately to prevent a repeat of the 2010 foreclosure wave during the COVID-19 pandemic. So, the federal government and most states implemented foreclosure moratoriums. They also created forbearance programs. As a result, foreclosure filings remained historically low in 2020 and 2021.

Yet, in 2022 foreclosure rates began to climb again as pandemic-era protections expired. Economic pressures increased for homeowners.

In fact, 2025 has shown a marked, sustained increase in both foreclosure starts and completions.

ATTOM issued a report showing foreclosure filings in the U.S. have surged nearly 20% from this time last year. This upward trend is a disturbing sign of more trouble to come.

U.S. Foreclosure Statistics (2025): Latest Data and Trends

The report shows that in September 2025 there were 35,602 foreclosure filings across the U.S. This is a 20% increase compared to September 2024. Another report from ATTOM showed 72,317 properties went into foreclosure in the third quarter of 2025. This a 16% year-over-year increase.

Top States With Highest Foreclosure Rates in 2025

While certain states consistently have high foreclosure rates, the states with the highest foreclosure rates in September 2025 were:

These states often top the list of states with high foreclosure rates. But states that have high foreclosure rates tend to fluctuate. Over the years, states with high foreclosure rates have also included others, such as New York, California, and Illinois.

Florida Has the Most Foreclosures in Terms of Numbers. Florida had the most foreclosure filings in September 2025 with 4,621 filings. California and Texas not too far behind.

Will Foreclosure Rates Rise or Fall in 2026? Predictions

Foreclosure rates are expected to continue rising in 2026 especially in Florida. Factors such as surging insurance premiums, elevated interest rates, skyrocketing HOA fees. As a result, this has reduced buyer demand and will contribute to growing housing crisis.

Also, markets with high property taxes or economies that rely on volatile sectors will see an increase in foreclosures. Florida is one of those. Florida tourism is down almost 40%. This has put a huge dent into Florida’s tourism driven economy.

Florida foreclosure filings up from a year ago. As a result, most analysts expect the total for 2025 to eclipse 2024’s numbers. These increases and continuing issues with the economy suggest there will be a dramatic rise in foreclosures into 2026. Unless significant relief or intervention emerges, this trend is likely to continue.

Foreclosure Outlook and Market Drivers for 2026

Again, foreclosure activity in the U.S. and Florida is expected to trend higher for the remainder of 2025 and 2026. Inflation, elevated interest rates, and rising consumer costs are causing more homeowners to struggle with their mortgage payments. In addition, Florida insurance costs are expected to continue to climb and natural disasters are expected to be more common. Therefore, the number of homeowners who can’t make mortgage payments is likely to surge.