Housing Market Foreclosures Jump 20%

Foreclosures spiked in October, and it ties directly back to the worsening affordability crisis. Homeowners who stretched to buy during the high-price, high-rate era are now getting crushed by rising insurance premiums, property taxes, and the inability to refinance. Monthly costs are blowing past what many budgets can handle, and the jump in foreclosures is the clearest sign yet that the market is buckling under real affordability pressure. In this livestream, we are digging into what these foreclosure numbers actually mean, how they connect to today’s unaffordable housing landscape, and what this could signal for buyers, sellers, and anyone trying to get into a home next year.

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PODCASTS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.