US Foreclosures Just Jumped 11% | Florida Hit 26.6%

Foreclosures are back on the rise, and it’s only the beginning.

In July 2024, US foreclosure filings jumped 11% nationwide, with Florida up 26.6% year-over-year.

Experts warn the wave is far from over as FHA and VA loan modification programs end on September 30, 2025.

In this video, I break down:

• Why FHA loans are 15% delinquent and what that means for homeowners

• How the loan loss mitigation sunset will trigger a surge in 2025

• The top states at risk (Florida, Nevada, Maryland, South Carolina)

• How foreclosures will be used as comps that drag down prices

• Why hedge funds and asset managers are already circling distressed homes

Whether you’re buying, selling, or investing, you need to see what’s coming. If you’re a real estate agent, you need to know this information to be able to explain it to your Sellers.

This foreclosure wave, along with fast changing demographic shifts, could reshape the housing market over the next 12–16 months.