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Blog | Clark Real Estate Group

Articles Containing Relevant Information Including Tips Infographics Concerning Buying Myths For Sellers About Distressed Properties Explaining Down Payments First Time Home Buyers Detailing Foreclosures About Housing Market Updates Regarding Interest Rates Covering News Explaining Pricing Concerning Selling Myths For Buyers

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

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.

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