Foreclosure filings and debt are rising, but no need to panic yet
Overall filings remain low but economic stress in the form of increasing credit card debt and depleted savings could push them higher.
Source: realestatenews.com
Page 10 - Rob Barber News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Rob Barber. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Rob Barber Today - Breaking & Trending Today
Foreclosure Filings in U.S. Spike 34 Percent Annually in Q3
Based on new data from ATTOM's Q3 2023 U.S. Foreclosure Market Report, there were a total of 124,539 U.S. properties with foreclosure filings --default notices, scheduled auctions or bank repossessions -- up 28 percent from the previous quarter and 34 percent from a year ago.
Source: worldpropertyjournal.com
House prices are outpacing wage gains, adding to U.S. homebuyers' woes
Housing affordability takes another hit as mortgage rates continue to rise.
Source: marketwatch.com
Homes are now unaffordable in 99% of the US for average Americans
Housing prices in 99% of U.S. counties are now more unaffordable than ever for the typical American, thanks to the astronomical rise in mortgage rates.
Source: foxbusiness.com
Housing market prices are more unaffordable than ever in 99% of US counties
Housing prices in 99% of U.S. counties are more unaffordable than ever for the average American earner, according to a new report from the real estate data site Attom.
Source: ksl.com