Foreclosures hit highest level in 6 years as insurance, property tax costs squeeze homeowners

Foreclosure filings hit nearly 119,000 in the first quarter of 2025, a 26% increase from last year, as homeowners face rising insurance and property tax burdens.

High housing costs are pushing foreclosures to a six-year high

Homes with foreclosure filings jumped 26% in the first quarter, reflecting in part rising property taxes and insurance ...
the deep dive

Foreclosure Filings Hit Six-Year High as Insurance and Tax Costs Squeeze US Homeowners

Foreclosure filings across the United States climbed to a six-year high in the first quarter of 2026, with a 26% year-over-year surge driven by mounting insurance premiums, rising property taxes, and ...