Foreclosure filings in the U.S. reached 32,383 in February 2025, marking a 5% increase from January but a 1.7% decrease from the previous year. Modesto, CA, had the highest foreclosure rate, with one in every 1,486 housing units affected, followed by Riverside, CA (one in 2,166), Chicago, IL (one in 2,007), Las Vegas, NV (one in 2,044), and Philadelphia, PA (one in 2,195). The rise in filings indicates changing market pressures, with states like New York, South Carolina, and New Jersey experiencing notable declines in REO.