Chicago, IL – April 2025
First-time buyers hoping for affordable inventory in 2025 are being squeezed out by rising interest rates and increased foreclosure competition. Many low-to-moderate income families are finding themselves priced out, even as more homes go to auction.
“We’re seeing auctions won by cash buyers while families trying to qualify for FHA loans are shut out,” said a housing counselor.
Calls are growing for expanded down payment assistance and surplus recovery education.
Foreclosure Prevention Efforts Shifting From Federal to Local Level in 2025
Washington, DC – April 2025
With many federal pandemic-era programs winding down, foreclosure prevention efforts are increasingly being led by state housing authorities, legal aid groups, and nonprofit coalitions.
“We’re entering the phase where local communities will have to step up,” said a housing policy expert.
Programs offering mediation, surplus refund filing, and emergency assistance are becoming critical frontline defenses.
Rural Florida Counties Experiencing Sharp Increase in Foreclosure Rates
Lake City, FL – April 2025
While urban areas get most of the attention, rural Florida counties such as Columbia, Suwannee, and Hardee are seeing some of the highest percentage increases in foreclosure rates statewide.
“It’s hitting areas with low incomes and fewer protections the hardest,” said a regional housing advocate.
Advocates are calling for surplus fund education, mobile outreach clinics, and early intervention resources.
