An analysis has found that as home prices have continued to rise, so too have foreclosure filings. ABC News reported that foreclosure filings rose by 71 percent between 2020 and 2025.
"If there are economic stresses on a household, people have to make decisions," Jacob Inwald, director of litigation for economic justice at Legal Services NYC told the outlet. "What bill am I going to pay now? What bill am I going to put off?"