Foreclosure Filings Increase 100% YOY - Value Declines Increase Across the US - Housing Bubble 2.0

1 year ago
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Foreclosure Filings Increase 100% YOY - Value Declines Increase Across the US - Housing Bubble 2.0

Today we review another significant increase in Foreclosure Filings. The Foreclosure starts for November 2022 increase almost 100% YOY. This has been consistent over the past few months is a good indicator that the Real Estate market is getting back to "norma" with respect to Foreclosure activity. Expectations for these filings is that we should see a slow down over December due to the Holidays , however January should post a massive increase, which would be in line with a normal Housing Market. The volume of Foreclosures will push the Housing Market from Correction into Crash territory.

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 December 9th 2022 and Randy will discuss the following topics:

Bubble - Burst
Correction - Crash
Housing Predictions for 2023
The Big Players Provide Their Predictions

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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I will conduct live Q&A sessions and other Real Estate related discussions.

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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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