The dream of homeownership, a cornerstone of the American economy, can quickly turn into a nightmare when financial hardship strikes. While the national housing market shows resilience, certain states are currently grappling with a stark reality: foreclosure rates are surging, impacting countless homeowners.
These aren’t just abstract numbers; behind every foreclosure filing is a family facing immense stress and uncertainty. Economic shifts, rising interest rates, and localized market pressures are creating challenging conditions in specific regions across the U.S. Understanding where and why these rates are climbing is crucial for homeowners, prospective buyers, and anyone interested in the pulse of the national housing landscape.
Below, we’ll reveal the states where foreclosure rates are currently through the roof, according to the latest data from ATTOM.
