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Foreclosures Surge as Costs Skyrocket | Salt Lake City News
Foreclosure filings are surging 21% in the first half of 2026, hitting 227,000 properties — a sharp reversal after years of lows. Driven by soaring housing costs, inflation, and the expiration of pandemic-era mortgage relief, families are under crushing pressure. With rates still high and essential expenses like insurance and taxes climbing, even minor setbacks like job loss can trigger defaults. The hardest-hit states include Florida, South Carolina, and Indiana, though Texas, Florida, and California lead in total filings due to sheer population. Despite the uptick, prices aren’t expected to…
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