Atlanta, GA – April 2025
New housing court data shows a parallel rise in both evictions and foreclosures across southern states. Experts say high rent, stagnant wages, and rising homeownership costs are squeezing both renters and owners.
“We’re seeing families fall through the cracks on both sides of the housing spectrum,” said a legal aid director.
Programs focused on mediation and surplus recovery are being used to slow displacement.
Auction Prices Strong Despite Foreclosure Surge in Central Florida
Orlando, FL – April 2025
Despite a growing wave of foreclosure auctions, Central Florida counties are seeing strong sale prices, often exceeding judgment balances — creating more cases with surplus funds available for former owners.
“Investors are bidding aggressively, especially in zip codes near job hubs,” said a court sale analyst.
This trend is keeping housing supply tight even as distressed listings rise.
Foreclosure Timelines Vary Widely by State — Florida Still Among Fastest
Miami, FL – April 2025
A national review of foreclosure timelines shows that Florida remains one of the fastest states from filing to auction — averaging less than 160 days in most counties.
“Speed isn’t always good for homeowners — many don’t have time to react,” said a foreclosure defense attorney.
States with longer processes include New York, New Jersey, and Illinois.
Buyers Eye Foreclosure Opportunities in High-Interest Rate Market
Phoenix, AZ – April 2025
With traditional home prices staying high and interest rates still elevated, buyers and investors are increasingly looking toward foreclosure auctions and distressed listings as affordable entry points.
“People are priced out of new builds — so they’re chasing court sales and bank-owned deals,” said a real estate investment advisor.
Online foreclosure platforms and sheriff sale calendars are seeing increased traffic.
