Foreclosures continue to rise
Boston Condos for Sale and Apartments for Rent
Foreclosures continue to rise
In many states across the U.S., homeowners are struggling to keep up with their housing costs.
As of October, foreclosure activity had risen by 19% when compared with the same month last year.1 It was 3% higher than September’s levels.1 That said, foreclosure activity is “below historic highs,” according to a report by real estate data firm ATTOM.
Rising foreclosure rates can impact the housing market in several ways, which can potentially increase the number of houses for sale and affect selling prices. Foreclosure rates can also provide insight into the broader health of the housing market, which can help potential buyers plan for the costs and risks associated with the homebuying process.
In Florida, foreclosure activity—defined as default notices, scheduled auctions, and bank repossessions—rose more than 70% in October year-over-year.2
In South Carolina, foreclosure activity was up by almost 68%, while Illinois saw a nearly 33% rise and Delaware was higher by about 25%.3
And while Colorado and Alaska were lower on the list, total foreclosure activity in those states spiked by about 145% and 127%, respectively.
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Boston condos for sale – Ford Realty Inc
Updated: Boston Condos for Sale Blog 2025
Byline – John Ford Boston Beacon Hill Condo Broker 137 Charles St. Boston, MA 02114
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