Summary of "Top 20 States & Counties with the Most Foreclosures Right Now (2025) | Foreclosure hotspots"

Video Summary: Top 20 States & Counties with the Most Foreclosures (September 2025)

Presenter: Ashley Pickkins, Memphis-based real estate agent and broker specializing in foreclosure auctions and mentorships.

Foreclosure Data Overview (September 2025)

Ashley provides a ranked list of U.S. states by total foreclosure filings, highlighting the top counties in each state. The data reflects ongoing distress in the housing market due to factors like government shutdowns, layoffs, and economic pressures.

Rank State Foreclosure Filings Top Counties Mentioned 20 Connecticut 332 Windham, New London, New Haven 19 Arizona 737 Pinal, Graham, Cochise 18 Alabama 547 Mobile, Jefferson, Montgomery 17 Michigan 1,090 Montmorency, Macomb, Saginaw 16 Pennsylvania 1,412 Philadelphia, Berks, Venango 15 North Carolina 1,223 Jones, Lee, Cleveland 14 New Jersey 990 Cumberland, Salem, Sussex 13 Georgia 1,251 DeKalb, McDuffie, Haralson 12 California 4,136 Mendocino, Shasta, Sonoma 11 Maryland 768 Caroline, Charles, Baltimore City 10 Texas 3,589 Liberty, Johnson, Martin, Harris (Houston area) 9 Iowa 443 Clay, Hancock, Cedar 8 Ohio 1,693 Huron, Cuyahoga, Highland 7 Utah 388 Iron, Tooele, Box Elder 6 Illinois 1,888 Montgomery, Marshall, Rock Island 5 South Carolina 833 Lexington, Kershaw, Allendale 4 Indiana 1,095 Clinton, Vigo, Pulaski 3 Nevada 541 Lyon, Clark, Churchill 2 Delaware 197 Kent, New Castle, Sussex 1 Florida 4,621 Hardee, Highlands, Osceola

Key Observations & Context

Florida (#1) leads with 4,621 filings, attributed to hurricanes, high HOA fees, property taxes, and general unaffordability.
California (#12) and Texas (#10) also have very high filings (4,136 and 3,589 respectively), with Texas noted as a leader across all foreclosure phases (new starts, REO properties, and highest overall rates).
Northeastern states (Pennsylvania, Maryland, Delaware, New Jersey) show significant foreclosure activity, possibly linked to federal government layoffs and furloughs.
Many homeowners who bought properties within the last 3-4 years are underwater or “upside down” due to commissions, closing costs, and stagnant or declining equity.
Foreclosure filings are widespread across the country, not isolated to one region or sector.
Investor-owned properties are a notable portion of foreclosures in states like Georgia and Texas, where auctions happen monthly.
The foreclosure market is currently a buyer’s market, but distressed sellers may face difficulty moving properties quickly or at profitable prices.

Recommendations & Risk Management

Homeowners behind on mortgage payments are encouraged to contact their lenders immediately to explore assistance options and avoid foreclosure.
Banks generally prefer to avoid managing foreclosed properties due to costs and risks.
If a property goes to auction, owners should request any excess funds or surplus from the sale.
For investors or agents, Ashley offers mentorships and masterclasses focused on:
- Pre-foreclosure strategies (how to reach out to homeowners in distress)
- Bank-owned REO property acquisition
Ashley’s mentorship sessions meet weekly and provide actionable steps to assist distressed homeowners and grow real estate portfolios.

Methodology / Framework Shared (Foreclosure Mentorship)

Identify homeowners in distress early (pre-foreclosure phase).
Contact homeowners with empathy and offer assistance.
Understand foreclosure timelines and auction schedules (e.g., Georgia and Texas auctions on the first Tuesday monthly).
Navigate bank-owned REO properties for potential acquisition.
Manage risk by verifying equity status and potential surplus funds after auctions.

Disclaimers

The content is informational and based on foreclosure filings as of September 2025. Ashley Pickkins is a real estate professional sharing her expertise; this is not financial advice. Viewers should conduct their own due diligence and consult with financial or legal advisors before making investment decisions.

Sources / Presenter

Ashley Pickkins – Real estate agent, broker, and foreclosure auction specialist based in Memphis, Tennessee.
Video date reference: October 15, 2025.
Ashley’s social media: Instagram @youragentashley
Offers foreclosure mentorship programs and upcoming masterclasses on October 20-21, 2025.

Summary

The video provides a detailed, state-by-state snapshot of foreclosure filings for September 2025, highlighting widespread mortgage distress across the U.S. driven by economic pressures including government layoffs. Florida, California, and Texas top the list for filings. The presenter emphasizes the importance of lender communication for homeowners at risk and offers educational resources for investors and agents to navigate the foreclosure market effectively.