Foreclosures Reach Six-Year High as Homeowners Face Rising Insurance and Property Tax Costs
In Q1 of 2026, foreclosures in the U.S. reached their highest level in six years with nearly 119,000 properties facing foreclosure filings, a 26% increase from the same period last year. Rising costs for home insurance and property taxes are contributing to financial strain on homeowners.
Topics: foreclosure rates home insurance costs mortgage payments property taxes