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).

Phil Stilton Latest posts

Phil Stilton is the Editor and Publisher of Shore News Network, an independent digital newsroom providing original reporting on New Jersey, national news, government, public policy, public safety, courts, and community affairs.

As founder of the publication, Stilton leads editorial strategy, investigative reporting, and daily newsroom operations while overseeing coverage that reaches millions of readers annually.

With extensive experience covering municipal government, county government, state legislatures, elections, law enforcement, emergency management, and public records, Stilton specializes in translating complex government actions into clear, factual reporting. His work frequently relies on primary source documents, including court filings, legislation, public meeting records, election finance disclosures, government databases, police reports, and Freedom of Information and Open Public Records Act (OPRA) requests. He has reported extensively on local government accountability, taxpayer spending, campaign finance, public corruption investigations, infrastructure, public safety, and the policies affecting New Jersey residents.

Under Stilton's editorial leadership, Shore News Network has grown into one of New Jersey's largest independent digital news organizations, publishing thousands of original news articles each year while providing breaking news coverage, investigative reporting, and analysis across state and local government. The publication's reporting is routinely sourced from official government agencies, public officials, court records, and firsthand documentation, with a commitment to transparency, attribution, corrections when warranted, and clearly distinguishing factual reporting from opinion.

Stilton's journalism follows established newsroom standards emphasizing accuracy, verification, fairness, and accountability. Every effort is made to verify information through official records and multiple reliable sources before publication. His reporting is intended to provide readers with timely, well-documented information that helps them understand the issues affecting their communities, while maintaining editorial independence from political parties, government agencies, advocacy organizations, and commercial interests.

Readers can submit story tips, corrections, public records, or media inquiries through the official Shore News Network website or its verified social media channels. Shore News Network welcomes corrections and updates when new information becomes available as part of its ongoing commitment to accurate and transparent journalism.