Foreclosure Activity Rises Year-Over-Year in August 2026
According to ATTOM's U.S. Foreclosure Market Report for August 2026, foreclosure activity increased compared to the previous year but remained below historical levels. A total of 40,277 properties had foreclosure filings nationwide — up 13% from a year ago and slightly higher than in July. The report highlights that completed foreclosures (REOs) rose by 42%, while foreclosure starts increased by 7%. South Carolina led the nation with the highest foreclosure rate per housing unit, followed closely by Nevada and Florida. Foreclosure activity was particularly concentrated in states like Florida, Texas, and California. However, some major metropolitan areas saw year-over-year declines in new foreclosures, including Cleveland, Washington D.C., Providence, Raleigh, and Kansas City. Despite the increases, ATTOM noted that overall foreclosure volumes remain well below historical norms, indicating a resilient housing market. The report underscores regional disparities with South Carolina's Columbia metro area having the worst foreclosure rate among major cities.
Topics: economic data foreclosures housing market