randerson+FollowForeclosure Wave: Is Your Neighborhood Next?Heads up, homeowners: banks are seizing more homes again, with over 367,000 properties repossessed as the era of easy money fades. The pain isn’t spread evenly—folks with thinner wallets, especially those with government-backed loans, are feeling the squeeze. If you bought at the edge of your budget, now’s the time to check your safety net. Investors are circling, but for most of us, it’s a reminder to keep an eye on our mortgage and local market. #RealEstate #housingmarket #foreclosure10Share
Shelly Powell+FollowWhy 367,000 Homes Just Got Taken Back by BanksDid you hear? Banks have just repossessed 367,000 homes across the US, and it’s hitting folks who stretched to buy during the pandemic the hardest. Even though the housing market looks “fine” on paper, rising mortgage rates and sky-high prices mean more people are falling behind. If you’re house hunting or struggling with payments, keep an eye on local trends—some neighborhoods are feeling the squeeze way more than others. It’s a tough time, but knowing what’s happening can help you plan your next move. #RealEstate #housingmarket #foreclosure10Share
Matthew Jackson+FollowForeclosures Are Back—What It Means for YouHeard the housing market is getting rocky? Foreclosures just jumped 19% in a month, which means more folks are struggling to keep up with their mortgages as rates and bills climb. It’s not a 2008-style crash, but more like a slow squeeze—especially for those who bought at peak prices. If you’re house hunting, keep an eye out for deals, but don’t expect a fire sale. For owners, now’s the time to check your budget and talk to your lender if things get tight. #RealEstate #housingmarket #foreclosure20Share
davenportmeghan+FollowForeclosure Rates Up, But No Need to Freak OutForeclosure filings are on the rise for the ninth month in a row, but experts say it’s not a sign of another housing meltdown. The jump looks big only because pandemic rules kept foreclosures super low. Most homeowners have enough equity to sell before losing their house, so it’s not all doom and gloom. If you’re behind on payments, reach out to your lender early—there are options to help you stay afloat. #RealEstate #housingmarket #foreclosure10Share
davenportmeghan+FollowKanye’s Malibu Mansion: When Flips FlopEver dream of owning a piece of celebrity real estate? Kanye West’s old Malibu mansion is now facing foreclosure after its new owners defaulted on an $18.5 million loan. They tried to turn the stripped-down house into a crypto-powered timeshare, but the market wasn’t having it. Lesson learned: Even star-studded homes can turn into money pits, and flashy new investment models don’t always beat old-school mortgage rules. Sometimes, the best lifehack is sticking to what you can actually afford! #RealEstate #KanyeWest #Foreclosure00Share
Denise Kemp+FollowForeclosures Are Back—What It Means for YouNoticed more 'For Sale' signs lately? Foreclosures just jumped 21% compared to last year, and it’s not just a Wall Street problem. Rising bills and sky-high mortgage rates are pushing more families to the edge. Even if you’re not at risk, a neighbor’s foreclosure can drag down your home’s value. Delaware is getting hit the hardest, but cities like Philly and Vegas aren’t far behind. If you’re house hunting, keep an eye out for bank-owned bargains—but remember, the deals come with risks! #RealEstate #housingmarket #foreclosure00Share
Matthew Jackson+FollowWhy Your Neighbor’s House Might Be Cheaper SoonHeads up: more Americans are missing mortgage payments, and foreclosures are up over 20% from last year. That means banks are taking back more homes, and these cheaper, bank-owned houses can drag down the value of everyone’s property nearby. If you’re a homeowner, keep an eye on your neighborhood—this trend could hit your home’s value. For buyers, deals might pop up, but it’s a sign that many folks are struggling with high costs. Budget wisely! #RealEstate #housingmarket #foreclosure00Share
