Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] 

Dated: August 18 2023

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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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Jennifer Dorn

Jennifer Dorn is an Associate Broker with Samson Properties. Currently, she specializes in representing clients in the purchase and/or sale of residential, commercial, and income property within the c....

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