A new report from Realtor.com® is tracking the recent path of foreclosures, shedding light on what occurs when these homes become Real Estate Owned (REO) and are listed by banks on the open market. This can present a unique opportunity for prospective buyers, though it signifies a difficult period for the original homeowners.
Additionally, the research indicates that after a period of suppression following the COVID-19 pandemic, the rate of foreclosures has ticked up in recent years. Foreclosures are now about as common as they were in 2019.
However, current foreclosure levels remain well below the peaks seen during the Great Financial Crisis. The report identified several markets with the most foreclosure listings as of June 2026, and among the areas that has seen a significant uptick is St. Petersburg, FL.
Foreclosure listings see an increase in st. petersburg
In the Tampa-St. Petersburg-Clearwater, FL, metro area, the foreclosure share of listings was 1.20% as of June 2026. This figure reflects a notable increase in such properties becoming available on the market…