Foreclosure Activity Is Still Lower than the Norm
Since they’re simply comparing the most present numbers to a time where foreclosures were at historic lows, that’s. We’re not even back at the levels we ‘d see in more routine years, like 2019. Despite the fact that the realty market is experiencing a predicted boost in foreclosures, it’s nowhere near the crisis levels seen when the real estate bubble burst.

The increase the media is calling attention to is deceiving. That’s due to the fact that they’re just comparing the most recent numbers to a time where foreclosures were at historic lows. Take an appearance at the chart below. We’re not even back at the levels we ‘d see in more routine years, like 2019. Despite the fact that the real estate market is experiencing an expected boost in foreclosures, it’s no place near the crisis levels seen when the real estate bubble burst.