{"id":52832,"date":"2026-10-09T09:15:08","date_gmt":"2026-10-09T09:15:08","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=52832"},"modified":"2026-10-09T09:15:08","modified_gmt":"2026-10-09T09:15:08","slug":"banks-and-other-lenders-seize-42-more-us-homes-than-a-year-ago-as-texas-and-florida-lead-the-nation-in-repossessions","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=52832","title":{"rendered":"Banks and Other Lenders Seize 42% More US Homes Than a Year Ago As Texas and Florida Lead the Nation in Repossessions"},"content":{"rendered":"

\"\"<\/p>\n

Banks and other lenders are taking back far more American homes than they were a year ago.<\/p>\n

Lenders completed foreclosures on 5,794 US properties in August, a 42% jump from August of 2025 and a 22% rise from July, says<\/a> real estate data firm ATTOM.<\/p>\n

Texas accounted for 1,835 of those repossessions, more than three times the 589 recorded in California.<\/p>\n

North Carolina, Arizona and Alabama followed with 356, 296 and 286 completed foreclosures respectively.<\/p>\n

Houston saw more bank repossessions than any other major metro area with 448, followed by Dallas with 402 and San Antonio with 256.<\/p>\n

In total, 40,277 properties nationwide received a foreclosure filing in August, including default notices, scheduled auctions and bank repossessions.<\/p>\n

That figure is up 13% from a year earlier.<\/p>\n

Lenders started the foreclosure process on 25,894 homes during the month, 7% more than a year ago.<\/p>\n

South Carolina posted the worst foreclosure rate in the country, with one filing for every 1,547 housing units, followed by Nevada and Florida.<\/p>\n

Says ATTOM chief executive Rob Barber,<\/p>\n

\u201cAugust\u2019s data shows that foreclosure activity continues to trend above year-ago levels, particularly in completed foreclosures, which saw a notable annual increase. While some homeowners are still facing financial challenges, overall foreclosure volumes remain well below historical norms and the broader housing market continues to demonstrate resilience.\u201d<\/em><\/p>\n

ATTOM says overall foreclosure activity is still below pre-pandemic levels.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

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The post Banks and Other Lenders Seize 42% More US Homes Than a Year Ago As Texas and Florida Lead the Nation in Repossessions<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Banks and other lenders are taking back far more American homes than they were a year ago. Lenders completed foreclosures on 5,794 US properties in August, a 42% jump from August of 2025 and a 22% rise from July, says real estate data firm ATTOM. 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