This Midwestern state leads the nation in home foreclosures as US filings jump by 26%
Home foreclosures in the U.S. are up 26% from last year as inflation rates and rising costs are catching up with homeowners.Indiana was hit hardest and logged one foreclosure filing...
By Fox News · Fox News
Home foreclosures in the U.S. are up 26% from last year as inflation rates and rising costs are catching up with homeowners. Indiana was hit hardest and logged one foreclosure filing for every 739 housing units in the first quarter of 2026, according to findings from property data firm ATTOM . This is nearly two-thirds higher than the nationwide rate of one in every 1,211 house facing foreclosure in that same period. The latest data released in April shows that red states are being hit the hardest by the sweeping affordability crisis — and with the 2026 midterm elections approaching, economic woes are at the top of mind for many voters and policymakers. WHITE HOUSE TEASES MAJOR HOUSING AFFORDABILITY PLAN AS PRICES SQUEEZE AMERICANS The top three states with the worst foreclosure rates at the start of 2026 all voted for President Donald Trump in the 2024 election. South Carolina came in second behind Indiana with one in every 743 properties with foreclosure filings in the first quarter of the year, and Florida was in third with one in every 750 housing units facing the same fate. While foreclosure activity is on the rise across the U.S., it remains well below levels seen during the 2008 housing crisis. But that isn't stopping Democrats from pouncing on the issue, and using affordability, inflation and rising housing costs as their candidates' leading messaging ahead of the November elections. A total of 118,727 U.S. properties had a foreclosure filing in the first quarter of 2026, up 6% from the previous quarter and 26% from a year ago. Foreclosure filings came in for 45,921 properties for March alone, increasing 18% from February and 28% from March of last year. THE PRICE OF BUILDING A HOME KEEPS CLIMBING — AND UNCERTAINTY ISN’T HELPING Looking more closely at the data, more homes are entering the foreclosure process , a potential sign of future distress. A total of 82,631 properties started foreclosure processes in the first quarter of 2026, up 20% from the year p…