Housing Bubble 2.0 - Foreclosure Activity Continues to Increase - Foreclosure Starts Up 167 % Y-O-Y
Housing Bubble 2.0 - Foreclosure Activity Continues to Increase - Foreclosure Starts Up 167 % Y-O-Y
Recent data from Q3 2022 stated that overall US Foreclosure Activity is on an upward trend. In fact, Foreclosure Starts have increased 167 % Year Over Year when compared to 2021. This increase should come as no surprise as the US Housing Market is working its way back to normalcy. Some will say that the volume is down compared to previous years, which is true, however those that are focusing on the recent volume are not factoring in the future waves that are on the way. The Foreclosure statistic arena is not easy to figure out, with many published stats no more than estimates and extrapolations. Suffice to say that the current Housing Market is going through a "Corrections" and the future waves for Foreclosures will push it to a "Crash".
This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.
Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2022 and Beyond.
Today is October 13h 2022 and Randy will discuss the following topics:
Foreclosure Activity Continues to Increase
Foreclosure Starts Up 167 % Year Over Year
Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.
For a Free Trial click on the link below:
https://www.foreclosure.com/?rsp=3325
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Housing Bubble 2.0
@HousingBubble2
I will conduct live Q&A sessions and other Real Estate related discussions.
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I offer:
Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
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I can be reached at:
Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com
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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:
If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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