🏡 April Foreclosures Climb, But Repossessed Homes Sell Fast

May 30, 2025 | Market Trends, Real Estate | Presented by ReadySetLoan

The U.S. housing market is sending mixed signals again — and this time, it’s about foreclosure trends. According to a new report from Attom, foreclosure activity picked up in April 2025, with a 14% increase in filings compared to the same month last year. But before panic sets in, there’s a silver lining: repossessed homes aren’t lingering long on the market.

🐷 RSL Piggy Points

• 🏠 Foreclosure activity rose 14% year over year in April 2025.

• 📈 Q2 2025 saw a 4.8% increase in properties entering foreclosure vs. Q1.

• 👻 “Zombie homes” — vacant, abandoned foreclosures — held steady.

• 🏚️ Roughly 1.4 million U.S. homes are abandoned, up 2.9% from last year.

• 🏃‍♂️ Repossessed homes are selling quickly once back on the market.

  
  

💬 Neil’s Take 🎙️

“Foreclosure upticks should always prompt attention, but we’re not seeing the widespread distress of the past,” says Neil Caron, Retail Sales Manager at CMG Mortgage. “If anything, this shows how strong housing demand remains — even distressed properties are getting snapped up. For homebuyers, these homes could be a hidden opportunity.”

🧠 RSL Perspective

At ReadySetLoan, we keep a close watch on trends that affect your path to homeownership. While foreclosure filings are increasing, they’re not translating into long-term housing blight. In fact, rapid sales of repossessed homes suggest a still-competitive market — especially for buyers looking for entry points.

The real takeaway? This isn't 2008. Even with foreclosures ticking up, vacant homes aren’t flooding neighborhoods, and housing demand is proving resilient.

Looking to buy a home — even one with a past? Let ReadySetLoan be your guide through the process. We can help you understand if a foreclosure or REO (Real Estate Owned) property could be right for your budget and goals.

📣 Don’t Go It Alone

The housing market can be unpredictable — but you don’t have to navigate it solo. ReadySetLoan is your trusted partner in understanding mortgage trends, finding financial solutions, and getting you across the finish line.

🏁 Start your journey today at www.readysetloan.com

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