Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
![Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] Simplifying The Market](https://i0.wp.com/files.keepingcurrentmatters.com/content/images/20230816/Dont-Expect-A-Wave-Of-Foreclosures-KCM-Share.png?w=358&ssl=1)
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.
Keeping Current Matters
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein. Anita is a Realtor, licensed in the State of Oregon. She is a part of Premiere Property Group, LLC in their Bend Office. When not Blogging, or helping folks buy and sell houses, Anita enjoys teaching her fur children, gardening, hiking, bird watching, and exploring the World; most often Central Oregon, her home for 16 years.
