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_5c450f93-e384-49f4-aaf0-30d5d7f39620.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
The $280 Shift in Affordability Every Homebuyer Should Know
2026 Housing Market Outlook
Why More Buyers Are Turning to New Construction This Year
Don’t Let Unrealistic Pricing Cost You Your Move
Why Home Prices Aren’t Actually Flat
Why Experts Say Mortgage Rates Should Ease Over the Next Year
Why October Is the Best Time To Buy a Home in 2025
What Buyers Say They Need Most (And How the Market’s Responding)
Closing Costs Unpacked: State-by-State Breakdowns for Today’s Buyers
Downsizing Without Debt: How More Homeowners Are Buying Their Next House in Cash
