A new report from Realtor.com® tracking the recent trajectory of foreclosures reveals a notable shift in the housing market. When a home becomes Real Estate Owned (REO), it means the bank has taken possession and listed it for sale, often on multiple listing services and online platforms.
Additionally, the research shows that after a period of suppression following the COVID-19 pandemic, the rate of foreclosures has ticked up. This increase brings the frequency of foreclosures to a level comparable to what was seen in 2019.
However, these rates are still well below the peaks experienced during the Great Financial Crisis. The report identified several markets with the most foreclosure listings as of June 2026, and Port St. Lucie, FL, is among the areas that has seen a significant uptick.
Local foreclosure listings on the rise
In the Port St. Lucie metro area, the foreclosure share of listings was 1.40% as of June 2026. This figure is notable when compared to other major metropolitan areas in the state, such as Miami and Orlando…