1289 - Foreclosures Are Rising Quickly, and CRE Delinquencies Are Exploding—What’s Going On? By Jeff Vasishta
Apr 25, 2024•12 min•Ep. 1289
Episode description
Home foreclosures are on the rise. Is this the start of a housing collapse and the buying bonanza for real estate investors touted for the last two years, or a mere blip?
Foreclosure rates have steadily risen since interest rates increased in conjunction with the home affordability crisis. According to Redfin, only 15.5% of U.S. home listings were accessible financially to U.S. households in 2023. This has led to an 8% increase in foreclosure filings, according to a new report by data company ATTOM.
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