Foreclosure Starts Are Up in Key States—What Do Early-Stage Filings Mean For Investors?

BiggerPockets Blog
Published: October 15, 2025
Pricing & Profitability

Summary

Foreclosure filings are up in several states, including Texas, Ohio, and North Carolina. This increase could indicate more distressed properties available for acquisition, potentially offering below-market opportunities for hosts. Consider tracking foreclosure data in your area to identify potential investment opportunities.

Key Insights

  • Ohio experienced a 34.72% year-over-year increase in foreclosure filings.
  • Texas saw a 60.58% year-over-year increase in foreclosure starts, with nearly 3,000 filings in August 2025 alone.
  • August 2025 saw 23,852 foreclosure starts nationally, up 0.56% month-over-month and 17.58% year-over-year, indicating a growing wave of homeowners entering distress.
  • North Carolina had a 46.48% year-over-year surge in filings, especially notable given the state's in-migration.

Action Items

  • Monitor foreclosure filings at the ZIP code, county, and state levels to identify neighborhoods where distress is building.
    Effort: low
    Impact: medium

Tools & Resources

  • Equity’s Foreclosure Reports: Equity’s Foreclosure Reports – powered by ATTOM Data Solutions – provide monthly updates on foreclosure starts, notices of sale, and REO activity.

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