The foreclosure rate in the United States has experienced significant fluctuations over the past two decades, reaching its peak in 2010 at **** percent following the financial crisis. Since then, the rate has steadily declined, with a notable drop to **** percent in 2021 due to government interventions during the COVID-19 pandemic. In 2024, the rate stood slightly higher at **** percent but remained well below historical averages, indicating a relatively stable housing market. Impact of economic conditions on foreclosures The foreclosure rate is closely tied to broader economic trends and housing market conditions. During the aftermath of the 2008 financial crisis, the share of non-performing mortgage loans climbed significantly, with loans 90 to 180 days past due reaching *** percent. Since then, the share of seriously delinquent loans has dropped notably, demonstrating a substantial improvement in mortgage performance. Among other things, the improved mortgage performance has to do with changes in the mortgage approval process. Homebuyers are subject to much stricter lending standards, such as higher credit score requirements. These changes ensure that borrowers can meet their payment obligations and are at a lower risk of defaulting and losing their home. Challenges for potential homebuyers Despite the low foreclosure rates, potential homebuyers face significant challenges in the current market. Homebuyer sentiment worsened substantially in 2021 and remained low across all age groups through 2024, with the 45 to 64 age group expressing the most negative outlook. Factors contributing to this sentiment include high housing costs and various financial obligations. For instance, in 2023, ** percent of non-homeowners reported that student loan expenses hindered their ability to save for a down payment.

The number of properties with foreclosure filings in the United States declined in 2024, but remained below the pre-pandemic level. Foreclosure filings were reported on approximately ******* properties, which was about ****** fewer than in 2023. Despite the decrease, 2024 saw one of the lowest foreclosure rates on record.

In the second quarter of 2024, the share of mortgage loans in the foreclosure process in the U.S. decreased slightly to **** percent. Following the outbreak of the coronavirus crisis, mortgage delinquency rates spiked to the highest levels since the Subprime mortgage crisis (2007-2010). To prevent further impact on homeowners, Congress passed the CARES Act that provides foreclosure protections for borrowers with federally backed mortgage loans. As a result, the foreclosure rate fell to historically low levels.

This document contains links to an official list of current-month foreclosure notices in Bexar County, as well at to Bexar County's Interactive Foreclosure Map.PDF LIST OF FORECLOSURE NOTICESINTERACTIVE FORECLOSURE MAP

Graph and download economic data for Delinquency Rate on Commercial Real Estate Loans (Excluding Farmland), Booked in Domestic Offices, All Commercial Banks (DRCRELEXFACBS) from Q1 1991 to Q1 2025 about farmland, domestic offices, delinquencies, real estate, commercial, domestic, loans, banks, depository institutions, rate, and USA.

Following the drastic increase directly after the COVID-19 pandemic, the delinquency rate started to gradually decline, falling below *** percent in the second quarter of 2023. In the second half of 2023, the delinquency rate picked up, but remained stable throughout 2024. In the first quarter of 2025, **** percent of mortgage loans were delinquent. That was significantly lower than the **** percent during the onset of the COVID-19 pandemic in 2020 or the peak of *** percent during the subprime mortgage crisis of 2007-2010. What does the mortgage delinquency rate tell us? The mortgage delinquency rate is the share of the total number of mortgaged home loans in the U.S. where payment is overdue by 30 days or more. Many borrowers eventually manage to service their loan, though, as indicated by the markedly lower foreclosure rates. Total home mortgage debt in the U.S. stood at almost ** trillion U.S. dollars in 2024. Not all mortgage loans are made equal ‘Subprime’ loans, being targeted at high-risk borrowers and generally coupled with higher interest rates to compensate for the risk. These loans have far higher delinquency rates than conventional loans. Defaulting on such loans was one of the triggers for the 2007-2010 financial crisis, with subprime delinquency rates reaching almost ** percent around this time. These higher delinquency rates translate into higher foreclosure rates, which peaked at just under ** percent of all subprime mortgages in 2011.

The real estate sales and brokerage industry is navigating a complex landscape with high mortgage rates and dropping home sales. The Federal Reserve's decision to raise the benchmark interest rate 11 times across 2022 and 2023 to combat inflation led to a significant climb in mortgage rates, dampening buyer demand and affordability. This gain has deterred homeowners from selling, leading to low housing inventory. Despite the rate cuts that came in 2024, mortgage rates remain high, with the typical 30-year fixed mortgage staying above 6.5%. Existing home sales also hit a near 30-year low in 2024, mainly because of high home prices and tight supply. Amid these challenges, the real estate market has seen a surge in home values, propelling industry growth. This growth greatly benefits real estate agents and brokerages, who often base their commissions on the house's selling price. Despite the high vacancy rates, the office market also shows signs of picking up, primarily because of demand for high-quality assets such as Class A office spaces and modern buildings. Increased competitive pressure necessitates more aggressive marketing tactics to secure listings and attract sellers. Nonetheless, because of the industry's robust performance from 2020 to 2021, revenue has climbed at a CAGR of 0.8% over the past five years, reaching $241.3 billion in 2025. 2025 revenue will climb an estimated 1.0% as home price appreciation and a rebound in commercial sales volume will fuel tepid growth. The higher-for-longer interest rate environment is expected to slow the industry's growth. The high mortgage rates and escalating home prices will likely price out many potential home buyers from the market, forcing customers to rent or live in multifamily complexes. The limited new office construction will stimulate office building sales and intensify brokerage activity. The housing stock situation is expected to remain tight, with homeowners staying in their homes for longer and contributing to home price appreciation. Amid these conditions, a likely shift toward new construction and build-to-rent properties for agents and brokers is anticipated. Increased competition in the form of market saturation and disruption from online platforms will inhibit profit growth. Overall, industry revenue will gain at a CAGR of 2.3% to reach $270.8 billion in 2030.

Property currently or historically owned and managed by the City of Chicago. Information provided in the database, or on the City’s website generally, should not be used as a substitute for title research, title evidence, title insurance, real estate tax exemption or payment status, environmental or geotechnical due diligence, or as a substitute for legal, accounting, real estate, business, tax or other professional advice. The City assumes no liability for any damages or loss of any kind that might arise from the reliance upon, use of, misuse of, or the inability to use the database or the City’s web site and the materials contained on the website. The City also assumes no liability for improper or incorrect use of materials or information contained on its website. All materials that appear in the database or on the City’s web site are distributed and transmitted "as is," without warranties of any kind, either express or implied as to the accuracy, reliability or completeness of any information, and subject to the terms and conditions stated in this disclaimer.

The following columns were added 4/14/2023:

• Sales Status
• Sale Offering Status
• Sale Offering Reason
• Square Footage - City Estimate
• Land Value (2022) -- Note: The year will change over time.

The following columns were added 3/19/2024:

• Application Use
• Grouped Parcels
• Application Deadline
• Offer Round
• Application URL

PT Bank Oke Indonesia, Tbk: Foreclosed Assets data was reported at 46.045 IDR bn in Jan 2025. This records a decrease from the previous number of 48.045 IDR bn for Nov 2024. PT Bank Oke Indonesia, Tbk: Foreclosed Assets data is updated monthly, averaging 87.545 IDR bn from Jul 2019 (Median) to Jan 2025, with 66 observations. The data reached an all-time high of 138.846 IDR bn in Sep 2019 and a record low of 46.045 IDR bn in Jan 2025. PT Bank Oke Indonesia, Tbk: Foreclosed Assets data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Banking Sector – Table ID.KBH012: Non Foreign Exchange Bank: Assets and Liabilities: PT Bank Oke Indonesia, Tbk.

Graph and download economic data for Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks (DRSFRMACBS) from Q1 1991 to Q1 2025 about domestic offices, delinquencies, 1-unit structures, mortgage, family, residential, commercial, domestic, banks, depository institutions, rate, and USA.

Repossessions occur when a borrower fails to repay their loan on time or a tenant is late on their rent, and the lender takes possession of the property. To avoid a spike in repossessions during the coronavirus (COVID-19) crisis, the Financial Conduct Authority (FCA) introduced measures for renters and mortgage borrowers. As a result, the number of repossessions fell to a record low in 2020. In the second quarter of 2024, there were *** repossessions of mortgaged homes and ***** repossessions of rental properties by landlords.

PT Bank Seabank Indonesia: Non-Productive Asset: Foreclosed Assets data was reported at 21.855 IDR bn in Jan 2025. This stayed constant from the previous number of 21.855 IDR bn for Nov 2024. PT Bank Seabank Indonesia: Non-Productive Asset: Foreclosed Assets data is updated monthly, averaging 83.475 IDR bn from Jan 2017 (Median) to Jan 2025, with 96 observations. The data reached an all-time high of 305.415 IDR bn in Jul 2020 and a record low of 2.670 IDR bn in May 2017. PT Bank Seabank Indonesia: Non-Productive Asset: Foreclosed Assets data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Banking Sector – Table ID.KBH009: Non Foreign Exchange Bank: Assets and Liabilities: PT Bank Seabank Indonesia.

PT Bank ICBC Indonesia: Non-Productive Asset: Foreclosed Assets data was reported at 1.206 IDR bn in Jun 2024. This stayed constant from the previous number of 1.206 IDR bn for May 2024. PT Bank ICBC Indonesia: Non-Productive Asset: Foreclosed Assets data is updated monthly, averaging 1.206 IDR bn from Dec 2011 (Median) to Jun 2024, with 151 observations. The data reached an all-time high of 58.040 IDR bn in Feb 2016 and a record low of 1.206 IDR bn in Jun 2024. PT Bank ICBC Indonesia: Non-Productive Asset: Foreclosed Assets data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Banking Sector – Table ID.KBG012: Foreign Exchange Bank: Assets and Liabilities: PT Bank ICBC Indonesia.

The year 2021 saw the peak in issuance of residential mortgage backed securities (MBS), at *** trillion U.S. dollars. Since then, MBS issuance has slowed, reaching *** trillion U.S. dollars in 2023. What are mortgage backed securities? A mortgage backed security is a financial instrument in which mortgages are bundled together and sold to investors. The idea is that the risk of these individual mortgages is pooled when they are packaged together. This is a sound investment policy, unless the foreclosure rate increases significantly in a short amount of time. Mortgage risk Since mortgages are loans backed by an asset, the house, the risk is often considered relatively low. However, the loan maturities are very long, sometimes decades, meaning lenders must factor in the risk of a shift in the economic climate. As such, interest rates on longer mortgages tend to be higher than on shorter loans. The ten-year treasury yield influences these rates, since it is a long-term rate that most investors accept as risk-free. Additionally, a decline in the value of homeowner equity could lead to a situation where the debtor is “underwater” and owes more than the home is worth.

Indonesia PT Bank Digital BCA: Non-Productive Asset: Foreclosed Assets data was reported at 18.975 IDR bn in Jan 2025. This stayed constant from the previous number of 18.975 IDR bn for Dec 2024. Indonesia PT Bank Digital BCA: Non-Productive Asset: Foreclosed Assets data is updated monthly, averaging 20.422 IDR bn from Dec 2015 (Median) to Jan 2025, with 109 observations. The data reached an all-time high of 20,333.000 IDR bn in Oct 2023 and a record low of 2.558 IDR bn in Aug 2018. Indonesia PT Bank Digital BCA: Non-Productive Asset: Foreclosed Assets data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Banking Sector – Table ID.KBH013: Non Foreign Exchange Bank: Assets and Liabilities: PT Bank Digital BCA.

Thailand TTB: Assets: Properties Foreclosed: Net data was reported at 13,343,275.000 THB th in Mar 2025. This records an increase from the previous number of 13,195,353.000 THB th for Feb 2025. Thailand TTB: Assets: Properties Foreclosed: Net data is updated monthly, averaging 10,613,877.000 THB th from May 2021 (Median) to Mar 2025, with 47 observations. The data reached an all-time high of 13,372,163.000 THB th in Nov 2024 and a record low of 3,012,013.000 THB th in Jun 2021. Thailand TTB: Assets: Properties Foreclosed: Net data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.KB061: Balance Sheet: Thai Bank: TMBThanachart Bank.

The are several factors that can accumulate in the repossession of a home, the most common reason for being mortgage arrears. This occurs when borrowers can no longer make the mortgage repayments. Mortgage lenders will repossess the home to sell to recover the money owed. In 2023, between 176 and 424 homes in England were repossessed monthly. In Wales, this figure ranged between 14 and 32. Which regions saw the most repossessions? The North West recorded the highest number of repossessions in 2023. Conversely, the East of England, South West, East Midlands, and Wales had the lowest number of repossessions. London and South East, the regions with the highest average earnings, ranked in the middle. Mortgage arrears on the rise Mortgage arrears in the UK have increased quarter-on-quarter since the third quarter of 2022, showing that homebuyers are increasingly struggling to meet their monthly obligations. Borrowers who missed a mortgage payment were highly likely to also fall behind on other financial commitments, with credit card debt being the most common one.

The mortgage delinquency rate for Federal Housing Administration (FHA) loans in the United States declined since 2020, when it peaked at ***** percent. In the second quarter of 2024, **** percent of FHA loans were delinquent. Historically, FHA mortgages have the highest delinquency rate of all mortgage types.