The foreclosure rate in the United States has experienced significant fluctuations over the past two decades, reaching its peak in 2010 at 2.23 percent following the financial crisis. Since then, the rate has steadily declined, with a notable drop to 0.11 percent in 2021 due to government interventions during the COVID-19 pandemic. In 2024, the rate stood slightly higher at 0.23 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 4.6 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, 52 percent of non-homeowners reported that student loan expenses hindered their ability to save for a down payment.

In the second quarter of 2024, the share of mortgage loans in the foreclosure process in the U.S. decreased slightly to 0.43 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.

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You’re a few short steps away from accessing the largest and most comprehensive Pre-Foreclosure and Foreclosure database in the country. Whether you want to conduct property research, data analysis, purchase distressed properties, or market your services, licensing Pre-Foreclosure and Foreclosure Data provides in-depth intelligence on distressed properties across the country that will inform your next move.

What is Foreclosure?

Foreclosure is the legal process of taking possession of a mortgaged property when the borrower fails to keep up with mortgage payments. The foreclosure process varies from state to state, depending on whether the state has a judicial or nonjudicial process. Judicial process requires court action on a foreclosed property, where a nonjudicial process does not.

Foreclosure and Pre-Foreclosure Data Includes:

• 9 Different types of Judicial vs Non-Judicial
• Auctions
• Public Notices
• Lis Pendens
• Releases
• Defendant and Plaintiff Names
• Recording Dates, Published Dates, and Auction Dates
• Original Mortgage Information

The number of properties with foreclosure filings in the United States rose in 2023, but remained below the pre-pandemic level. Foreclosure filings were reported on approximately 357,000 properties, which was about 33,000 more than in 2022. Despite the increase, 2023 saw one of the lowest foreclosure rates on record.

Graph and download economic data for Large Bank Consumer Mortgage Balances: 60 or More Days Past Due: Including Foreclosures Rates: Balances Based (RCMFLBBALDPDPCT60P) from Q3 2012 to Q3 2024 about 60 days +, FR Y-14M, large, balance, mortgage, consumer, banks, depository institutions, rate, and USA.

Monthly foreclosures in Connecticut by county, 2008 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/. CHFA has stopped maintaining the dashboard and associated datasets, and this dataset will no longer be updated as of 2022.

Foreclosure Statistics: Dwellings with begun foreclosure according to householder. Quarterly. Autonomous Communities and Cities.

2022 Foreclosure Properties registered with the LAHD from January 1, 2022 through December 31, 2022.

This statistic shows the foreclosure rates of subprime conventional loans in the United States from 2000 to 2016. In 2016, 7.2 percent of subprime conventional loans were in foreclosure.

Foreclosure Statistics: Foreclosures on rustic and urban properties begun and registered in Land Registries by Autonomous Community and cities. Annual. Autonomous Communities and Cities.

This data includes filings related to mortgage foreclosure in Allegheny County. The foreclosure process enables a lender to take possession of a property due to an owner's failure to make mortgage payments. Mortgage foreclosure differs from tax foreclosure, which is a process enabling local governments to take possession of a property if the owner fails to pay property taxes.

As Pennsylvania is a judicial foreclosure state, a lender files for foreclosure through the court system. Foreclosure data in the court system is maintained by the Allegheny County Department of Court Records. Data included here is from the general docket, and a mortgage foreclosure docket created to help homeowners maintain ownership of their property following an initial filing. Several different types of legal filings may occur on a property involved in the foreclosure process. At this time, only the most recent filing in a case is included in the data found here, but we hope to add all filings for a case in the coming months.

After a property enters the foreclosure process, several potential outcomes are possible. Some of the more common outcomes include: borrowers may come to an agreement with the lender for unpaid debt; borrowers may sell the property to satisfy part or all of the debt; borrowers may voluntarily relinquish ownership to the lender; lenders may decide not to pursue the foreclosure any further; and the property may proceed all the way through a sheriff sale, where it is sold to a new owner.

Before September 2022, the data presented here included only the final filing for the month in which each case (represented by Case ID) is opened; since then the feed has changed so we now have a new last_activity field, which gets updated whenever there is a new filing in the case with the date of the last filing for the month. The last_activity value gives some indication of which cases are still ongoing. (However, the new feed does not include the docket_type field, so these are blank for cases started after August 2022.) To view the detailed mortgage foreclosure filings for each property represented in this dataset, please visit the Department of Court Records Website, and enter the Case ID for a property to pull-up detailed information about each foreclosure case, including parties, docket entries, and services.

CHANGELOG

2022-12-14: Loaded data back to September (which had been missing due to the schema migration). Added a new last_activity field. Data since September 2022 is missing the docket_type value, for now those new values will be set to '' (empty string).

Analysis of ‘Foreclosures on rustic and urban properties begun and registered in Land Registries by province. EH (API identifier: 10743)’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from http://data.europa.eu/88u/dataset/urn-ine-es-tabla-t3-415-10743 on 07 January 2022.

--- Dataset description provided by original source is as follows ---

Table of INEBase Foreclosures on rustic and urban properties begun and registered in Land Registries by province. Annual. Provinces. Foreclosure Statistics

--- Original source retains full ownership of the source dataset ---

In the second quarter of 2024, the share one-to-four family residential mortgage loans entering the foreclosure process in the U.S. was 0.13 percent. Following the coronavirus pandemic outbreak in 2020, mortgage delinquency rates surged, followed by a gradual decline. Between the second quarter of 2020 and the first quarter of 2022, foreclosures remained at record low levels due to The Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

This statistic shows the foreclosure filings in the United States as of June 2017, by state. South Dakota had the lowest rate with only one in every 24,583 housing units being subject to foreclosure.

Foreclosure Statistics: Dwellings with begun foreclosure according to householder by Autonomous Community. Annual. Autonomous Communities and Cities.

The primary purpose of this project was to evaluate the possible link between foreclosure and crime in America. The project addressed three specific questions: (1) Are levels of foreclosure significantly associated with crime rates across neighborhoods after controlling for other factors?; (2) Is any observed effect of foreclosure on neighborhood crime rates contingent on (i.e., moderated by) other neighborhood conditions, including pre-existing structural disadvantage, pre-existing vacancy rates, or racial and ethnic context?; and (3) Does the effect of foreclosure rates on neighborhood crime levels vary across cities in systematic ways?

These data are part of NACJD's Fast Track Release and are distributed as they there received from the data depositor. The files have been zipped by NACJD for release, but not checked or processed except of the removal of direct identifiers. Users should refer to the accompany readme file for a brief description of the files available with this collections and consult the investigator(s) if further information is needed.The purpose of the study was to examine whether and how foreclosures affect neighborhood crime in five cities in the United States. Point-specific crime data was provide by the New York (New York) Police Department, the Chicago (Illinois) Police Department, the Miami (Florida) Police Department, the Philadelphia (Pennsylvania) Police Department, and the Atlanta (Georgia) Police Department. Researchers also created measures of violent and property crimes based on Uniform Crime Report (UCR) categories, and a measure of public order crime, which includes less serious offenses including loitering, prostitution, drug crimes, graffiti, and weapons offenses. Researchers obtained data on the number of foreclosure notices (Lis Pendens) filed, the number of Lis Pendens filed that do not become real estate owned (REO), and number of REO properties from court fillings, mortgage deeds and tax assessor's offices.

United States - Delinquency Rate on Loans Secured by Real Estate, Banks Ranked 1st to 100th Largest in Size by Assets was 1.91% in October of 2024, according to the United States Federal Reserve. Historically, United States - Delinquency Rate on Loans Secured by Real Estate, Banks Ranked 1st to 100th Largest in Size by Assets reached a record high of 11.49 in January of 2010 and a record low of 1.31 in October of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Delinquency Rate on Loans Secured by Real Estate, Banks Ranked 1st to 100th Largest in Size by Assets - last updated from the United States Federal Reserve on March of 2025.

These data are part of NACJD's Fast Track Release and are distributed as they there received from the data depositor. The files have been zipped by NACJD for release, but not checked or processed except of the removal of direct identifiers. Users should refer to the accompany readme file for a brief description of the files available with this collections and consult the investigator(s) if further information is needed. This study was a systematic assessment of the impacts of foreclosures and crime levels on each other, using sophisticated spatial analysis methods, informed by qualitative research on the topic. Using data on foreclosures and crime in District of Columbia and Miami-Dade County, Florida from 2003 to 2011, this study considered the effects of the two phenomena on each other through a dynamic systems approach.

About three percent of U.S. homeowners with a mortgage who were behind on mortgage payments in October 2023 were very likely to face eviction in the next two months due to a foreclosure. Additionally, 18 percent of the respondents were somewhat likely to be evicted. In 2022, the foreclosure rate in the U.S. picked up, after a long period of steady decline after the subprime mortgage crisis.