PRICEY PROBLEM

Foreclosures Rocket Across the U.S. Under Trump

More and more Americans are facing the fear of losing their homes.

Foreclosure filings have skyrocketed as home prices in the United States continue to rise. Filings have increased by 21 percent in the first six months of 2026 compared to last year, according to analysis by ABC News. Florida, led by Gov. Ron DeSantis, had the highest average number of foreclosure filings by zip code since the COVID-19 pandemic, followed by New Jersey, Delaware, Nevada, South Carolina, Illinois, California, Maryland, Ohio, and Arizona. “If you don’t have savings or a way to cover yourself, it absolutely can happen to you,” former Arizona homeowner Emily Arner told ABC, losing her home to foreclosure in September 2025 following her husband’s sudden job loss. “It can happen to anybody.” The report comes weeks after Trump declared at the G7 summit that affordability was “a fake word made up by the Democrats.” Trump has blamed the inflation rates of his current term on the economy he inherited from former President Joe Biden. The number of foreclosures remains below the peak of the 2008 housing crisis, during which 2.9 million foreclosures occurred in one year. However, experts remain concerned that high mortgage rates, property taxes, and insurance costs are driving up the price of rent.