Foreclosures Rise for 11 Straight Months
Foreclosures just climbed for the eleventh straight month, and the pressure is showing up in the data.
One in every 3,547 homes now sits in the filing pipeline, with Florida, Nevada, and Delaware at the top of the list.
The pipeline is getting thicker as more properties move into formal distress.
This is the part of the market where supply becomes visible and motivated sellers appear.
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Foreclosure Activity Rises Annually for the Eleventh Straight Month, Extending the Trend into 2026
Across the nation, one in every 3,547 housing units had a foreclosure filing in January 2026. States with the worst foreclosure rates were Delaware (one in every 1,612 housing units with a foreclosure filing); Nevada (one in every 1,983) and Florida (one in every 2,067)
Looming Risk for Mortgage Credit and MBS Investors from “Lender Choice”
FHFA’s “lender choice” on credit scores lets lenders game underwriting by submitting whichever score makes a loan look safest, creating classic adverse selection. A new analysis shows this would raise serious-delinquency (90+ days) rates by \~18% versus random score selection, with the damage worsening in lower score bands.
Household Debts, Debt-to-Income Ratio, Delinquencies, Collections, Foreclosures, and Bankruptcies in Q4 2025
Total household debt outstanding in Q4 – mortgages, HELOCs, student loans, auto loans, credit card balances, and other consumer loans such as personal loans and BNPL loans – rose by $195 billion, from Q3, to $18.8 trillion.
A Surprising Share of Homeowners Have High Mortgage Rates. Here’s the Breakdown
In 2022, after mortgage interest rates hit more than a dozen record lows, sparking a refinance bonanza, barely 10% of homeowners had 30-year fixed mortgages with rates above 5%. Just four years later, that share has jumped to over 30%.
Once Among the Nation’s Hottest Housing Markets, Austin Is Now the Slowest
Redfin said that the typical home that went under contract in Austin in December spent 106 days on the market. That’s up from 91 days a year earlier and was the slowest December in records dating back to 2012.
Nearly a Third of Opportunity Zones See Double Digit Home Price Increases
The final quarter of the year saw 10 percent (365) of Opportunity Zone tracts post their highest median home sales price since the Great Recession in 2008 and 30.7 percent (1,116) saw median home prices increase by at least 10 percent year-over-year.
