Connecticut Foreclosures Remain Stable As National Rates Rise 9%
- Neil Caron
- Jun 11
- 2 min read
June 11, 2025 | Market Trends, Connecticut Real Estate | Presented by ReadySetLoan
Foreclosure filings across the U.S. rose 9% year-over-year in May 2025, according to new data from ATTOM. While national headlines point to rising foreclosure activity, Connecticut’s housing market continues to show relative stability compared to other parts of the country.
Where Foreclosures Are Climbing
Nationally, the highest foreclosure rates in May were reported in Delaware, Florida, Illinois, and Indiana. These states are seeing more distressed property filings as affordability challenges weigh on some homeowners.
However, Connecticut remains well below these levels, supported by strong home equity, a stable job market, and steady buyer demand. While some foreclosure activity exists in pockets of the state, it’s not yet signaling a broad-based problem.
ATTOM CEO Rob Barber described it best: “It’s a mixed picture. While foreclosure filings are up year over year, we’re still nowhere near the distressed levels seen after the 2008 financial crisis.”
What This Means for Connecticut Homebuyers
For Connecticut buyers, this environment creates a unique window of opportunity. Distressed sales may appear sporadically, but most homes continue to hold solid value. Buyers looking for discounted properties should be prepared, educated, and working with local experts to navigate any potential foreclosure opportunities.
🐷 RSL Piggy Points
National foreclosures up 9% year-over-year in May 2025
Delaware, Florida, Illinois, and Indiana lead the nation in filings
Connecticut foreclosure rates remain lower than national averages
Strong home equity helps protect many Connecticut homeowners
Local buyers may find isolated foreclosure deals with the right guidance
🎙 Neil’s Take “Connecticut’s real estate market is proving to be much more resilient than many other states. While the national data shows rising foreclosures, most Connecticut homeowners still have plenty of equity, which acts as a strong buffer,” says Neil Caron, Area Sales Manager at CMG Mortgage. “For homebuyers, selective foreclosure opportunities may exist — but working with an expert is key to finding them.”
The Bottom Line
Market headlines can sometimes spark fear, but Connecticut’s real estate remains healthy and stable. Whether you’re a first-time buyer or an experienced homeowner, ReadySetLoan is here to help you confidently navigate the Connecticut housing market with expert guidance and trusted resources.
Visit www.readysetloan.com to connect with our team today — your Connecticut mortgage education partner every step of the way.
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