Don’t Panic Over Foreclosure Headlines — Here’s What the Data Really Says

Lately, you might have seen alarming headlines about foreclosures “rising” again.But before you assume the worst, let’s take a closer look at the actual numbers.

Yes, Foreclosures Have Increased Slightly — But They’re Still Extremely Low

In the first half of 2025, foreclosure filings rose about 7% compared to last year. Sounds big, right?Here’s the real context:Only 0.13% of U.S. homes are in foreclosure.That’s fewer than 1 in 750 homes.

Compare that to the 2010 housing crisis, when 1 in 45 homes was in foreclosure — and you’ll see why today’s situation is nowhere near a crash.

Today’s Market Is NOT 2008

Back then, risky loans and falling prices pushed many homeowners underwater, forcing mass foreclosures.

Now?

• Lending standards are stricter

• Most homeowners have significant equity

• Home values remain strong

As Rick Sharga of CJ Patrick Company points out, this equity means even if someone faces financial trouble, they often have options before foreclosure, like selling their home and paying off the loan.

If You’re Struggling, Don’t Wait

If mortgage payments feel overwhelming, talk to your lender early.With today’s equity levels, there are more solutions than ever before — well before foreclosure becomes a threat.

The Bottom Line

Foreclosure headlines may grab attention, but the facts show a stable, strong housing market.If you want to know what these trends mean for your home’s value, reach out today. The answer is in the data, not the fear.

Sang Han

📱 773-717-2227

📧 ChicagoBDB@gmail.com