Insight
The number of vacant REO auctions is at a multiyear high.
More Deals, Lower Pricing—A Look at What’s Going On at Foreclosure Auctions in Late 2025
Summary
Foreclosure auctions are rising, and pricing is softening in late 2025, creating potential opportunities for investors. Hosts can explore buying vacant REOs, focusing on metros where price-to-ARV is trending down, and keeping offers tight based on their max-offer formula.
Key takeaway