The U.S. Foreclosure Map You Need To See – What’s Happening in Chicago?
Foreclosure headlines are making noise again – and they’re designed to stir up fear to get you to read them. But what the data shows is actually happening in the market tells a very different story from what you might be led to believe. So, before you jump to conclusions, it’s important to look at the full picture. Yes, foreclosure starts are up 7% in the first six months of the year. But zooming out shows that’s nowhere near crisis levels. Here’s why. Filings Are Still Far Below Crash Levels Even with the recent uptick, overall foreclosure filings are still very low. In the first half of 2025, just 0.13% of homes had filed for foreclosure. That’s less than 1% of homes in this country. It’s even far less than that, at under a quarter of a percent. That’s a very small fraction of all the homes out there. But like with anything else in real estate, the numbers vary by market. Here’s the map you need to see that shows how foreclosure rates are lower than you might think, and how the...
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