Elevated housing costs and “shifting economic pressures” have led to normalization in post-pandemic foreclosure rates, according to new figures published Tuesday by real estate analytics firm Attom.

Foreclosure filings fell 3% from the previous month in November, though they remained 21% higher than a year ago. November was the ninth consecutive month with annual increases.

Nationwide, up to 35,651 properties — 1 in every 3,992 homes — had a foreclosure filing last month, reflecting a national foreclosure rate of about 0.025%.

“While these numbers show continued upward movement, overall volumes remain well below historical highs,” said Rob Barber, CEO of Attom, in a press release.

States with the highest foreclosure rates in November were Delaware (0.0519%) and South Carolina (0.0507%), with rates roughly double the national figure. Nevada (0.0421%), New Jersey (0.0398%) and Florida (0.0389%) followed.

Foreclosure starts and completions also rose annually in November, posting respective gains of 17% and 26% from one year ago.

The foreclosure process commenced on 23,720 properties last month, while 3,884 properties were repossessed through completed foreclosures. Starts fell 6% from October, however, while completions increased 0.3% over the month.

Florida, California and Texas led the U.S. in new foreclosure filings in November, with 2,819, 2,612 and 2,090 starts, respectively. New York (1,146) and Illinois (1,075) followed.

Texas (546), California (314) and Florida (311) led the U.S. in repossessed properties last month, followed by Pennsylvania (291) and Illinois (223).

Attom reports that several major metropolitan areas with populations exceeding 1 million people and at least 100 foreclosure starts bucked the national year-over-year trend of increased filings.

Boston, for example, posted 186 foreclosure starts in November 2024 but only 130 new filings last month, a 30% decline.

Miami notched a 21% annual decline in new filings, from 768 to 607, while Sacramento, Calif., posted a 20% annual improvement from 185 one year ago to 148 last month.