What Is the Current Foreclosure Rate in the U.S.? | Wednesday Real Estate Snapshot 🦅 🌎 ⚓️
What Is the Current Foreclosure Rate in the U.S.?
Prices for Housing inflation calculator, 1967-2025
PROBATE AND ESTATE SALES
REO of the Week
Apple Home of the Week
Mountain View Home of the Week
FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist
Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist
-$15,000 off the list fee if we don’t sell it within the first week
-Repairs and upgrades managed and paid at closing
-Your home sold guaranteed, or we’ll buy it
-Inspections paid at closing
-Staging included
-360 Virtual Tour
Vito Scarnecchia,
Broker, Realtor, Dad
Abitano.com DRE01407676 408.479.2427
Call today to get started! Offer Valid until 4/1/2026
What Is the Current Foreclosure Rate in the U.S.?
The sky is falling. The sky is falling. Said Chicken Little, but let's put it into perspective.
Foreclosure Trends and Statistics
Yeah, we are seeing an increased amount of foreclosures. However, is it the watershed waterfall of 2008? Not quite yet. Activity climbs annually for the ninth straight month in 2025.
Trend continues. November marks the ninth straight month. Year-over-year increases in foreclosure activity, underscoring. A trend that has steadily taken shape through 2 20 25 foreclosure starts. We're up 17% from last year, and completed foreclosures rose 26%.
While those numbers show continued upward movement, it's not as bad as you think.
Prices for Housing inflation calculator, 1967-2025
Regional Foreclosure Insights
Delaware, South Carolina, and Nevada, the nation's worst foreclosures. Florida, Texas, and California led the country for foreclosure Starts. Well, that's where I live. California's getting hit. What is the current foreclosure rate in the us? Well, we're the top 10 for sure. But that's because there are a lot of ups and downs. And is it really in Silicon Valley? Not really. We have 4, 5, 6 foreclosures in Santa Clara County.
We do have some in Oakland and San Francisco and all around the Bay Area, but overall, the numbers are about. These are foreclosure starts, meaning that you're struggling with your payments, and the bank hasn't taken over your house yet. And that really doesn't mean a lot because people flub like yesterday.
Monday I realized I didn't make a credit card payment, so I had to rush and pay it off, and then it's a gig on my credit There were 3,400 foreclosure starts for every, one foreclosure for every 3,400 homes in California, as opposed to Florida, where they're seeing a mass.
Migration out of the state. People are saying, I'm not paying stupid amounts of hurricane insurance and I'm done living in Florida right now, There's a mass panic because they haven't controlled the insurance. California has the same issue with wildfires; if you're in a high fire hazard zone, there's a fire map you can get to.
You are going to pay three to four times more for the California Fair Plan. And if you have a mortgage on your house, you have to have insurance. Period. That's why there are issues here. People are walking away from houses because they overbought, and in Texas.
Texas isn't even on the map yet, but I'm seeing places where there are hundreds of houses being put up for foreclosure, meaning they're walking away from the houses.
Impact of Administration Policies
Now, another reason is that the current administration is making it difficult for people who don't have citizenship to live here.
Whether you like it or not. It's affecting us, is it affecting us, good or Bad? In the short term, my thoughts, those people are self-deporting, and they may have had a house, they may have had a couple of cars or trucks. They have a lot of furniture, and there's a guy I follow on TikTok, his name is Ants, A-N-T-T-Z, and he talks about this all the time.
He goes in and clears out the foreclosed homes after the bank takes 'em over, and he just one day got six or seven new foreclosures that he had to clean out. He goes in there, takes pictures, tells people what's going on, and then gets the haulers to come in and take everything out, clean it up, and put it on the market.
Is it bad? Short term? Yes. It's bad for a lot of people. Those people are losing a lot of money. They're losing the American dream. But also, if they're self-deporting, that means they didn't come here to the United States legally, or through the right channels. And when I came here in 1976, I applied to live here through my mom.
I was seven years old, six or seven years old. And then when I was in the Marines, I applied for citizenship, and I got my citizenship. October 9th, 1989, is when I became a citizen. So I had a green card. I did everything legally, I pay taxes, and I hate jury duty. I don't talk out like a Canadian anymore. I don't even know what the accent is.
But you know, here's the thing. A lot of people are self-deporting, but if they own a house, they're walking away from their house and whatever equity they may have had in there. And on top of that, getting into this, this is going to hurt local, regional areas in Texas.
Housing Market Dynamics
Houses, house values are depreciating at a huge rate.
Meaning if you bought a house today and not in 90 days, your house is going to be worth less. We're in a downward trend. Right now, there's less competition. I don't know how bad it's going to be. This, is historical, right?
I can say it could be like a little blip here, and everything will turn around. Probably not, just because there's so much ruffling all across the globe from our current administration. It's not good or bad, that's just the way it is, right? You can yell and scream and throw a tantrum about it, but then you can also stand back and say, Yeah, that sucks.
Let's figure out how to time the market. The more. Houses depreciate, and the more competition enters the market, until something turns around. Once this happens, we see an uptick. People are going to say, I don't know. I think the market's going to continue to crash.
I'm just gonna hold out. This is when you want to buy, sucky time to buy a house right now if you're buying a house, cause you don't know if the market's going to go down or up. Kinda like the stock market, right? Here's another thing we gotta look at, we haven't seen record inflation, but we've seen pretty damn hard inflation over the last few years.
Nothing we could do about it. That was. Out of our hands. Whether you like him or not, Powell did what he could to give us a soft landing and bring inflation down. This is housing inflation. Not GDP, not CPIs, not the overall indexes. Just realize that housing inflation has gone down in certain areas.
There's been a depreciation in Santa Clara County and most of the Bay Area. We don't see that because there's. Limited land, limited houses for sale, and sellers are very picky about what they will let their house go for. There's more equity built into those homes. Are there foreclosures?
Yes, absolutely. We're always gonna have foreclosures, but not at the 2008 level. That was 2008, values came down. Now people are going to buy, this is 2022. This is an old chart, but I'm just using it for the idea of what's going on. I will try to find this and update it.
Is the sky falling in certain areas? Yeah. But just like our weather system, it rains, it snows, there's drought, there's all sorts of stuff that happens all over the United States. And just like the weather pattern, our housing market is a very micro market focus. So be careful of that. Don't freak out on national numbers.
This is actually in Hayward, and the reason why I picked this one is that I sold a condo to a guy on Fletcher Lane. It's not this unit. I checked in with him, made sure he's okay. At one time, this two-bedroom, one bath was worth close to $600,000, and this has been on the market 169 days.
The HOA fee is five 50 a month. I say that's not a great deal considering it's less than a thousand square feet. Now, if you're commuting you just need a place to sack out. This is a great option. $400,000. That's super cheap. You can go to the blog and check out this distressed REO map, and you can take a look at all these res, including this one in Sunnyvale, this brand new condo for 1250 1.25, and then this one we talked about last week.
Homes near Apple. Why are we talking about homes near Apple? If we're talking about Armageddon, there's no Armageddon in Santa Clara County. Pretty much everything on the west side of 17 or 87, depending on how you look at it, is not hurting at all.
It's the people on the east side of 87 that are seeing depreciation right now. If you had a choice and your price range was, say, $2 million. If I had a choice of living here or Cupertino or Los Gatos or Campbell, I would choose Campbell Cupertino or Los Gatos.
It's just better run cities, right? Everything on the west side. Of 87, it's a little more depressed. People have to drive to work, and most of the companies are right here. Most of the high-paying companies are right here, so I'd rather pay $2 million here, even though it's a townhouse or condominium, and then buy a house over here and have to trudge through traffic.
Mountain View Home of the Week
Mountain View House of the Week, new listing, $2 million, two bedroom, two bath, 1,258 square feet, built in 1995. That's a lot of added value. One car garage, two parking spaces. Hmm. That's odd. Well, let's go take a look inside here. That doesn't look like a two-story from this picture. It's very misleading. I don't like the white alliances.
I just, I wouldn't pay a premium for that. And there's no floor plan, so shame on you. All right.
Current Market Data and Trends
Wednesday, we have 172 homes that are on the market for over 40 days. It's gone down considerably, but that's because we're seeing a lot of homes get canceled right now. In the last seven days, we've seen 50 homes get canceled. Nine were expired, and 13 were withdrawn. So these numbers are going to be smaller.
Naturally, 90 days on market is down by 92. We've only had 37 homes go pending. A lot of these have gone into contract. They're probably being pulled off the market. 75 homes in the Bay Area are bank-owned or short sale, and then. REO in California is 2.58, which is the same as last week.
I double checked that. And then for sale, it's 306 homes. Last week we had 342. The average of this year has been 511, and we've been over a thousand at one point during the summer. Supply is low, but that's also because demand has dwindled a little bit. Prices aren't really going down too much. Buyers are being picky. Santa Clara County, we have 670. We want that to be 2000 to be at a balanced market. Since there's a lack of supply, even though demand has dwindled. Prices are still holding strong except for those bank-owned properties pending. We had 77 go into contract, and we closed a hundred thirty-five, and the same thing with back on markets 52. That means 52 homes came out of contract over the last seven days in Santa Clara County. That's a huge percentage. If you wanna look at the charts, here you go. That's Santa Clara County, a single-family home. These are the 40, 90 days.
And the bank owns, nothing's ticking up here, but we're seeing closed sales, tick up the supply is. Dwindling for sure from 711 high to 342, and that was the high right there. 1,444. Nowhere nea, the 2000, and now we're down to 742.
Conclusion and Final Thoughts
Alright, that's it for now. Thanks for watching.
I'm Vito with Abitano. We'll see you out there.
Wednesday Real Estate Snapshot 🦅 🌎 ⚓️
🔴 Insurance Adjuster What You Should Know https://youtu.be/8IWgof1qvnc
Please like and share! https://blog.abitano.com/2025/12/what-is-current-foreclosure-rate-in-us.html
🔴 MoonBeans Coffee https://www.youtube.com/watch?v=OmHpGXVu5sQ&feature=youtu.be
Videos edited by Vydeoease.com Use Exemption code VEASY
Vito Scarnecchia
Real Estate Broker, Veteran, Dad
DRE#: 01407676
408-479-2427
FREE DESKTOP APPRAISAL https://www.propertyrate.com/agent/vitoscarnecchia
If you are moving ANYWHERE in the world - Let me know! I know a LOT of AMAZING Agents!
🔴 Willow Glen's five most expensive homes https://youtu.be/3A_E2ck0ePg
#BedlamWhereChaosResides, What should a realtor do to sell your house,What should you not do when selling a house,Why is home not selling,Is it better to sell as is or fix up,Home much money is lost when selling a house,Is it bas to sell a house as is,Where should I sell my house for money is 2021,Is money from the sale of a house considered income,Do you get all the money when you sell your house,Do you have to buy another home to active capital gains,What happens when you sell a house and make a profit,Can I sell my house and keep the money ,What month is the best to sell a house,How much money do I keep when I sell my house,How to I avoid paying taxes when I sell my house,How do I sell my house in 5 days,Whats the quickest way to sell a house,How can I sell my house quickly ,Is it better to sell my house or rent it out,How do I sell my house in 30 days,What does teh seller have to pay when selling a house,How p[ays closing costs on for sale by owner ,Who pays the title company at closing,Who pays for appraisal buyer or seller,How do I calculate my closing costs as a seller,Can a realtor lie about other offers,Do sellers always pick the highest offer,Can ou sue a real estate agent for lying,How do you make sure your offer is accepted,Can buyer talk to seller directly,What do you say when you reach out to a realtor,Do you tip your realtor,Why do realtors now want buyers and sellers to meet,Do I have to pay my realtor if I decide not to sell,Can you work with multiple realtors,Can you fire your real estate agent,Are realtors rich,Should I interview multiple realtors,Are you obligated to a real estate agent,What should I do to my house before selling ,What sells a house fast,What brings more value to a house,What features sell a house,What to do if a house is not selling,Do vacant homes sell faster,What are the worst months to sell a house,Which month is best to sell a house,Is 2021 a good year to sell a house,What adds most value to a home,How can I increase my chances of selling my house,What makes a house harder to sell,What brings down property value,What are houses not selling 2021,What adds teh most value to a house,What is the most common reason a property fails to sell,What should you not fix when selling a house,What adds teh most value to a house,Does Zillow pay fair prices for homes,How to I sell my house that need repairs,Do sellers have to fix everything on home inspection,Can you sell your own property as a real estate agents,Does a realtor make money on a for sale by owner,Can I use a real estate attorney instead of an agent,Can I be my own buyers agent,Do real estate agents make more than lawyers,Do realtors get paid if a house doesn’t sell,Do agents get paid for open house,Can I ask my realtor to take a lower commission,How much does a real estate agent make monthly,Which real estate agent has the lowest commission,Can I represent myself as a real estate agent,Do brokers make more than real estate agents,Can you bypass a real estate agent,Can I represent myself in buying a house,Can you buy a house yourself,Do Realtors get commission on for sale by owner,Is it better sell your house by owner or realtor,How do you negotiated for sale by owner,Is it hard to sell a house without a realtor,Can you ask a realtor to take a lower commission,What home improvements add the most value,What should you not fix when selling a house,What color carpet is best for selling a house,Which home renovations are your best investments,Which home improvements pay off,What is the best way to renovate a house,What is the most expensive part of a kitch remodel,What home improvements do not add value,Is a 4 bedroom house worth more than a 3 bedroom house,Do home improvements increase value,What features sell a house,What order do you renovate a house,What renovations are worth doing,Is it better to renovate or move,Is it cheaper to renovate or build new,How much does it cost to fully renovate a house ,What should I renovate first,What makes property value increase ,What negatively affects home appraisal,Do home appraisers look in cabinets,Do appraisers look in showers,What matters in a home appraisal,How can I maximize my home appraisal,Is land a good investment 2020,Is buying land a building a house cheaper,Is it better to buy land first,How to I buy money with no money,Is land a bad investment,Does age of house affect value,Are 100 year old houses safe,What is the average age of a house,What age is a house considered old,How do I price my house,How is property value determined,What are the 5 methods of valuation,How do I determine fair market value of my home,How does a bank value a house,Why is my tax assessment so high,What brings down,calhoun.savingmoneyonhomes.com
95035,95123,95020,95127,95014,95051,95111,94087,95112,95125,95023,95122,95037,94550,95116,95124,95136,94086,95148,95008,94303,95050,95132,95120,95129,94040,95121,95128,95126,95118,95131,95070,94043,95134,95032,95117,95133,94306,94089,95054,94085,94024,95135,95110,95138,94022,94301,94305,94041,95030,95130,94090,95119,95033,95102,94310,95139,95046,95171,94028,95142,95114,95113,94304,94308,95140,94035,95141,95053,95101,95137,95002,95196,95009,95011,95013,95015,95021,95026,95031,95036,95038,95042,95044,95157,95156,95159,95158,95161,95160,95170,95164,95172,95190,95173,95192,95191,95194,95193,94302,94309,95052,95056,95055,95071,95106,95103,95109,95108,95115,95151,95150,95153,95152,95155,95154,94023,94039,94042,94088,94080,94015,94014,94303,94403,94025,94066,94010,94061,94044,94404,94063,94401,94070,94062,94002,94402,94030,94019,94405,94409,94065,94407,94408,94098,95006,94071,94027,94099,94012,94031,94003,94067,94028,94005,94029,94037,94406,94096,94060,94020,94045,94038,94059,94021,94074,94128,94013,94307,94011,94016,94018,94017,94497,94026,94064,94083,94125,94544,94536,94538,94587,94541,94501,94568,94539,94601,94550,94577,94560,94546,94551,94605,94566,94611,94588,94621,94578,94606,94555,94545,94608,94602,94610,94603,94580,94704,94607,94619,94609,95391,94579,94703,94625,94552,94706,94643,94618,94702,94502,94612,94542,94705,94708,94707,94709,94710,94720,94627,94586,94514,95140,94615,94557,94604,94613,94537,94540,94543,94614,94617,94620,94622,94624,94623,94649,94660,94659,94662,94661,94701,94666,94712,95076,95060,95062,95003,95066,95064,95073,95033,95065,95010,95006,95018,95005,95019,95017,95001,95007,95041,95061,95063,95067,95077,
Santa Rosa Real Estate,Petaluma Real Estate,Rohnert Park Real Estate,Sonoma Real Estate,Sebastopol Real Estate,Windsor Real Estate,Healdsburg Real Estate,Cloverdale Real Estate,Cotati Real Estate,Calistoga Real Estate,Forestville Real Estate,Guerneville Real Estate,Penngrove Real Estate,Glen Ellen Real Estate,Geyserville Real Estate,Occidental Real Estate,Kenwood Real Estate,Cazadero Real Estate,Fulton Real Estate,Monte Rio Real Estate,Bodega Bay Real Estate,Stewarts Point Real Estate,Jenner Real Estate,The Sea Ranch Real Estate,Bodega Real Estate,Graton Real Estate,Annapolis Real Estate,Valley Ford Real Estate,Duncans Mills Real Estate,Camp Meeker Real Estate,Concord Real Estate,Richmond Real Estate,Antioch Real Estate,Pittsburg Real Estate,Walnut Creek Real Estate,San Ramon Real Estate,Brentwood Real Estate,Danville Real Estate,Martinez Real Estate,San Pablo Real Estate,Oakley Real Estate,Pleasant Hill Real Estate,Lafayette Real Estate,El Cerrito Real Estate,Hercules Real Estate,Orinda Real Estate,Pinole Real Estate,Moraga Real Estate,Alamo Real Estate,Clayton Real Estate,El Sobrante Real Estate,Discovery Bay Real Estate,Rodeo Real Estate,Kensington Real Estate,Byron Real Estate,Crockett Real Estate,Bethel Island Real Estate,Diablo Real Estate,Canyon Real Estate,Port Costa Real Estate,Napa Real Estate,American Canyon Real Estate,Saint Helena Real Estate,Calistoga Real Estate,Angwin Real Estate,Yountville Real Estate,Pope Valley Real Estate,Deer Park Real Estate,Napa Real Estate,American Canyon Real Estate,Saint Helena Real Estate,Calistoga Real Estate,Angwin Real Estate,Yountville Real Estate,Pope Valley Real Estate,Deer Park Real Estate,Oakland Real Estate,Fremont Real Estate,Hayward Real Estate,Berkeley Real Estate,San Leandro Real Estate,Livermore Real Estate,Pleasanton Real Estate,Alameda Real Estate,Union City Real Estate,Dublin Real Estate,Castro Valley Real Estate,Newark Real Estate,San Lorenzo Real Estate,Albany Real Estate,Emeryville Real Estate,hayward real estate,Piedmont Real Estate,Byron Real Estate,Sunol Real Estate,Canyon Real Estate,Farwell Real Estate,Brookshire Real Estate,Concord Real Estate,Richmond Real Estate,Antioch Real Estate,Pittsburg Real Estate,Walnut Creek Real Estate,San Ramon Real Estate,Brentwood Real Estate,Danville Real Estate,Martinez Real Estate,San Pablo Real Estate,Oakley Real Estate,Pleasant Hill Real Estate,Lafayette Real Estate,El Cerrito Real Estate,Hercules Real Estate,Orinda Real Estate,Pinole Real Estate,Moraga Real Estate,Alamo Real Estate,Clayton Real Estate,El Sobrante Real Estate,Discovery Bay Real Estate,Rodeo Real Estate,Kensington Real Estate,Byron Real Estate,Crockett Real Estate,Bethel Island Real Estate,Diablo Real Estate,Canyon Real Estate,Port Costa Real Estate,Petaluma Real Estate,San Rafael Real Estate,Novato Real Estate,Mill Valley Real Estate,San Anselmo Real Estate,Sausalito Real Estate,Corte Madera Real Estate,Tiburon Real Estate,Fairfax Real Estate,Kentfield Real Estate,Larkspur Real Estate,Ross Real Estate,Belvedere Real Estate,Bolinas Real Estate,Nicasio Real Estate,Point Reyes Station Real Estate,Dillon Beach Real Estate,Woodacre Real Estate,Lagunitas Real Estate,Inverness Real Estate,San Quentin Real Estate,Tomales Real Estate,Marshall Real Estate,Olema Real Estate,Stinson Beach Real Estate,San Geronimo Real Estate,Blakes Landing Real Estate,Salinas Real Estate,Watsonville Real Estate,Seaside Real Estate,Monterey Real Estate,Soledad Real Estate,Marina Real Estate,Greenfield Real Estate,King City Real Estate,Carmel-by-the-Sea Real Estate,Pacific Grove Real Estate,Gonzales Real Estate,Castroville Real Estate,Carmel Valley Real Estate,Aromas Real Estate,Moss Landing Real Estate,Del Monte Forest Real Estate,Big Sur Real Estate,Del Rey Oaks Real Estate,Bradley Real Estate,Chualar Real Estate,Sand City Real Estate,Jolon Real Estate,San Simeon Real Estate,San Ardo Real Estate,Lockwood Real Estate,San Lucas Real Estate,Hollister Real Estate,San Juan Bautista Real Estate,Aromas Real Estate,Paicines Real Estate,Tres Pinos Real Estate,San Francisco Real Estate,San Mateo Real Estate,Daly City Real Estate,Redwood City Real Estate,South San Francisco Real Estate,San Bruno Real Estate,Menlo Park Real Estate,Pacifica Real Estate,Foster City Real Estate,Burlingame Real Estate,San Carlos Real Estate,Belmont Real Estate,East Palo Alto Real Estate,Millbrae Real Estate,Half Moon Bay Real Estate,Hillsborough Real Estate,Woodside Real Estate,Atherton Real Estate,Portola Valley Real Estate,Brisbane Real Estate,Emerald Lake Hills Real Estate,Moss Beach Real Estate,Colma Real Estate,Pescadero Real Estate,La Honda Real Estate,Montara Real Estate,San Gregorio Real Estate,Loma Mar Real Estate,San Jose Real Estate,Sunnyvale Real Estate,Santa Clara Real Estate,Livermore Real Estate,Mountain View Real Estate,Milpitas Real Estate,Palo Alto Real Estate,Gilroy Real Estate,Cupertino Real Estate,Morgan Hill Real Estate,Campbell Real Estate,Los Gatos Real Estate,Los Altos Real Estate,Saratoga Real Estate,Stanford Real Estate,Los Altos Hills Real Estate,San Martin Real Estate,Monte Sereno Real Estate,Lexington Hills Real Estate,Mount Hamilton Rea
Comments
Post a Comment