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Foreclosures Surge Amid Rising Costs | San Antonio News

Foreclosure filings are surging this year—with over 227,000 properties hit in the first half of 2026, a 21% spike from last year. Unlike the 2008 crash, this isn’t driven by risky loans but by stubborn inflation, soaring housing costs, and expired pandemic relief. Rising mortgage rates, skyrocketing insurance and taxes, and everyday expenses are crushing budgets, especially for newer homeowners. Job losses add pressure, while states like Florida and South Carolina lead in foreclosure rates—with Idaho and Colorado seeing the steepest year-over-year jumps. Despite more homes potentially…

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