Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
![Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20230819/16/original_a9c6a9bb-b4ba-40dc-9d87-a343a179dda9.png)
Some Highlights
- With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.
- Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
- Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.
Categories
Recent Posts
A Modern Compound In Sonoma, $13M
Is January the Best Time To Buy a Home?
Is Buyer Demand Picking Back Up? What Sellers Should Know.
The “Lost” Lautner Of Echo Park Is On The Market For $2.4M
How To Stretch Your Options, Not Your Budget
Your Equity Could Change Everything About Your Next Move
Why Selling Your House This Winter Gives You an Edge
This May Be the Best Time To Buy a Brand-New Home
Why More Homeowners Are Giving Up Their Low Mortgage Rate
The 3 Housing Market Questions Coming Up at Every Gathering This Season
GET MORE INFORMATION
