10 min listen
1289 - Foreclosures Are Rising Quickly, and CRE Delinquencies Are Exploding—What’s Going On? By Jeff Vasishta
1289 - Foreclosures Are Rising Quickly, and CRE Delinquencies Are Exploding—What’s Going On? By Jeff Vasishta
ratings:
Length:
12 minutes
Released:
Apr 25, 2024
Format:
Podcast 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.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Apr 25, 2024
Format:
Podcast episode
Titles in the series (100)
736 - Here’s Zillow’s Home Price Forecast for the 100 Largest U.S. Markets. Hint: California is Struggling by Matt Myre by BiggerPockets Daily