The number of Fort Smith metro properties in some form of a foreclosure filing is down 25% in July compared with a year ago and much better than the national trend, according to ATTOM’s July 2025 Foreclosure Market Report.
The report shows there were just 15 Fort Smith metro properties in a foreclosure filing, which includes default notices, scheduled auctions or bank repossessions.
Nationwide there were 36,128 properties – or 1 filing for every 3,939 housing units – in a foreclosure filing in July, up 13% compared with July 2024.
“July’s foreclosure activity continues to trend upward year-over-year, with increases in both starts and completions,” said Rob Barber, CEO at ATTOM. “While rising home prices are helping many owners maintain equity, the steady climb in filings suggests growing pressure in some markets.”
Following are the Fort Smith metro county numbers in the ATTOM report.
• Sebastian County
1 filing for every 9,533 housing units
6 properties in a foreclosure action
down 25.4% compared with July 2024
• Crawford County
1 filing for every 5,102 housing units
5 properties in a foreclosure action
down 28.6% compared with July 2024
• LeFlore County
1 filing for every 10,584 housing units
2 properties in a foreclosure action
unchanged compared with July 2024
• Sequoyah County
1 filing for every 9,127 housing units
2 properties in a foreclosure action
down 33.3% compared with July 2024
NATIONAL NUMBERS
States with the worst foreclosure rates were Nevada, with one in every 2,326 housing units with a foreclosure filing, Florida, one in every 2,420 housing units, Maryland, with one in every 2,566 housing units, South Carolina, with one in every 2,588 housing units, and Illinois, with one in every 2,727 housing units.
Among the 110 metropolitan statistical areas with a population of at least 500,000, those with the worst foreclosure rates in July 2025 were Bakersfield, Calif., with one in every 1,538 housing units with a foreclosure filing, Cape Coral, Fla., with one in every 1,735 housing units, Lakeland, Fla., with one in every 1,802 housing units, Columbia, S.C., with one in every 1,803 housing units, and Deltona, Fla., with one in every 1,818 housing units.
Major metropolitan areas with a population greater than 1 million with the worst foreclosure rates in July 2025 were Houston, Texas, with one in every 1,882 housing units, Jacksonville, Fla., with one in every 1,893 housing units, Las Vegas with one in every 1,914 housing units, Riverside, Calif., with one in every 1,921 housing units); and Cleveland, Ohio, with one in every 2,030 housing units.