FORECLOSURES CONTINUE GRADUAL CLIMB INTO 2026

via themortgagepoint.com—ATTOM has published its U.S. Foreclosure Market Report for January 2026, revealing that there were 40,534 properties in the U.S. with foreclosure filings—such as default notices, scheduled auctions, or bank repossessions. This figure represents a decrease of 10% from the previous month and an increase of 32% compared to the same month last year.

“Foreclosure activity in January rose year-over-year for the eleventh straight month, continuing a trend that has now carried into early 2026,” said Rob Barber, CEO at ATTOM. “Foreclosure starts were up 26% from a year ago, while completed foreclosures increased nearly 59%. Although foreclosure activity has been rising steadily, overall levels remain well below historic peaks, suggesting that most homeowners are still on stable footing even as higher housing costs and broader economic pressures create stress in certain pockets of the market.”

In January 2026, there was a foreclosure filing on one out of every 3,547 housing units nationwide. The states exhibiting the highest foreclosure rates included Delaware (one foreclosure filing for every 1,612 housing units), Nevada (one for every 1,983 housing units), Florida (one for every 2,067 housing units), South Carolina (one for every 2,351 housing units), and Maryland (one for every 2,430 housing units).

Among metro areas with populations of 200,000 or more, Trenton, NJ, recorded the worst foreclosure rate in January 2026, with one filing for every 1,087 housing units.

Following Trenton were Punta Gorda, FL (one in every 1,187 housing units); (one in every 1,187 housing units); Fayetteville, NC (one in every 1,257); Lakeland, FL (one in every 1,262); and Vallejo, CA (one in every 1,287).

In January 2026, lenders-initiated foreclosure proceedings on some 26,369 properties across the U.S., representing a decrease of 7% from the previous month but an increase of 26% compared to the same month last year.

In January 2026, the states with the highest number of foreclosures starts were: …READ MORE

The Current Miami Springs Market

DEMAND IS STILL THERE DESPITE HIGHER INTEREST RATES

This week there are forty-three (43) active listings in the MS/VG markets. There are 3 listings for over $2 million, and one for close to $4 million. High prices remain and demand is still slow, but there are still qualified buyers out there. I DO EXPECT A BUSY SPRING SELLING/BUYING SEASON!!! More increases in inventory in the months ahead?? I think so.

Mortgage Interest rates have decreased. Rates expected to continue to 5.8-6% this year. There are still qualified buyers looking for the right property. Timing is everything. Days on the market (DOM) are on average 83 days. Some houses sell quickly. It all depends on pricing, condition and location, location, location. The decrease in interest rates should result in increased sales activities. It is important to price the property right.

Inventory Breakdown:

There is one (1) property priced between $500,000-$600,000; eight (8) properties are priced between $600,000-$700,000; nine (9) between $700,000-$800,000; two (2) between $800,000-$900,000; three (3) are priced between $900,000-$1,000,000; sixteen (16) between $1-2 million; three (3) are listed for over $2 million; and one (1) is listed for over $3million.

CALL US FOR AN EVALUATION

During the period of February 6, 2026 through February 13, 2026, there were reported 3 new listings, 2 closed sales, 2 pending sales, 3 active with contract, 0 expired listings, 0 cancelled listings, 2 temp off market, 7 price reductions, and 0 price increases.

HOW DOES YOUR HOUSE COMPARE?

The table below shows the current status of the Miami Springs/VG real estate market as of February 13, 2026. All closed sales are within the last 90 days.

*Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.

 A complete list of all the properties for sale in Miami Springs or any other area of 

Miami-Dade County can be sent to you on regular basis. 

Request it at:  charlie@leonardrealestategroup.com

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