Nearly 85,000 U.S. homeowners withdrew their properties from the market in September--up 28% from a year earlier and the highest level for the month since 2017 -- according to a nationwide analysis of historical listing data compiled by Redfin.
U.S. foreclosure activity edged higher in October, extending a months-long climb as rising borrowing costs and cooling home-price growth continue to pressure a small but growing share of homeowners.
Existing-home sales rose 1.5% month-over-month in September 2025, reaching a seasonally adjusted annual rate of 4.06 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales increased 4.1%, reflecting sustained demand across much of the country.
Foreclosure activity in the U.S. continued its upward climb in the third quarter of 2025, suggesting that pockets of borrower distress may be emerging.
Posted on February 21, 2025
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