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Reading: Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
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85209.com > Blog > Real Estate > Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
Real Estate

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Klaus Team
Last updated: August 18, 2023 10:30 am
Klaus Team Published August 18, 2023
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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] Simplifying The Market

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.

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