Foreclosures up across america, but what about new jersey? — Mockup of a foreclosure sign in front of a modern townhome or townhouse to illustrate recession fears due to coronavirus

TRENTON, NJ — Foreclosure activity across the United States increased in April, with a total of 36,033 properties reporting filings, according to ATTOM’s April 2025 U.S. Foreclosure Market Report released Monday. This figure represents a 0.4 percent increase from March and a 13.9 percent jump from April 2024.

The report includes data on default notices, scheduled auctions, and bank repossessions. “April’s foreclosure activity continued its gradual climb, with both starts and completions up annually,” said Rob Barber, CEO of ATTOM. “While volumes remain below historical norms, the year-over-year increases may suggest that some homeowners are beginning to feel the effects of persistent economic pressures.”

Foreclosure completions, or bank repossessions (REOs), totaled 3,580 last month—down 2.9 percent from March but up 23.3 percent year-over-year. It marks the second consecutive month of annual increases in completed foreclosures.

Some states saw notable declines in REOs compared to April last year. South Carolina reported a 45.9 percent decrease, Maryland fell 42.5 percent, Ohio declined 22.4 percent, New York dropped 17.3 percent, and New Jersey was down 11.5 percent.

Among metro areas with populations above 200,000, the most REOs were reported in Chicago, IL (220), Atlanta, GA (213), New York, NY (143), Houston, TX (114), and Philadelphia, PA (86).

South Carolina, Illinois and Florida post highest foreclosure rates

Nationally, one in every 3,950 housing units had a foreclosure filing in April. The states with the highest foreclosure rates were South Carolina (one in every 2,311 units), Illinois (one in every 2,405), Florida (one in every 2,526), Delaware (one in every 2,617), and Nevada (one in every 2,944).

At the metropolitan level, the worst foreclosure rates among areas with populations above 200,000 were seen in Warner Robins, GA (one in every 1,512 units), Killeen-Temple, TX (one in every 1,590), Chico, CA (one in every 1,720), Ocala, FL (one in every 1,731), and Palm Bay-Melbourne-Titusville, FL (one in every 1,753).

Among large metro areas with populations over 1 million, Cleveland, OH led with one in every 1,964 housing units reporting a foreclosure. It was followed by Chicago, IL (one in every 2,076), Riverside, CA (one in every 2,106), Houston, TX (one in every 2,147), and San Antonio, TX (one in every 2,326).

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