August 2026 U.S. Foreclosure Market Report: Foreclosure Starts
According to ATTOM’s just released August 2026 U.S. Foreclosure Market Report, 40,277 U.S. properties had foreclosure filings in total, including default notices, scheduled auctions or bank repossessions, up 1 percent from the previous month and 13 percent from a year ago.
ATTOM August 2026 Foreclosure Market Report – Top Ten States with the Largest Annual Increase in Foreclosure Starts
ATTOM’s latest foreclosure market analysis reveals that nationwide, one in every 3,569 housing units had a foreclosure filing in August 2026. South Carolina had the worst foreclosure rate, at one in every 1,547 housing units, followed by Nevada (one in every 1,920 housing units); Florida (one in every 2,397 housing units); Texas (one in every 2,445 housing units); and Maryland (one in every 2,530 housing units).
The report notes that lenders initiated the foreclosure process on 25,894 U.S. properties in August 2026, down 3 percent from the previous month but up 7 percent from a year ago.
The analysis also indicates that Florida had the most foreclosure starts in August 2026, with 3,189, followed by Texas (3,126); California (2,565); Illinois (1,192); and Georgia (1,189).
In this post, we take a closer look at the top 10 states with the largest year-over-year increases in foreclosure starts during August 2026. Among states with at least 100 foreclosure starts in August 2026, leading the list was Tennessee (up 144.8 percent, from 290 foreclosure starts in August 2025 to 710 in August 2026), followed by Oklahoma (up 102.1 percent, from 141 to 285), Mississippi (up 69.2 percent, from 91 to 154), Arkansas (up 66.1 percent, from 127 to 211), Michigan (up 49.6 percent, from 681 to 1,019), Alabama (up 38.5 percent, from 353 to 489), Georgia (up 37.8 percent, from 863 to 1,189), South Carolina (up 28.0 percent, from 776 to 993), Pennsylvania (up 26.6 percent, from 413 to 523), and Minnesota (up 25.1 percent, from 395 to 494).
Want to learn more about foreclosure filing trends in your area? Contact us to find out how!