The data we have doesn’t indicate an oncoming wave of foreclosures.
Prices just seem to keep going up and up in our current market. Lots of people see this trend and are worried about a repeat of the 2008 crash. Today I’ll walk through some data and show you why foreclosures are not on the horizon.
Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
0:00 — Introducing today’s topic
0:47 — The percentage of people worried about a bubble
1:23 — Homeowners’ Equity Gains in 2021
2:13 — Foreclosures are at an all-time low
3:28 — Notices of Default in 2021 & 2022
4:37 — Trustees Deeds in 2021 & 2022
5:10 — Foreclosures aren’t coming, but we are in a bubble
5:57 — Wrapping up
If you have any questions about your situation, visit gostgeorge.com and don’t hesitate to reach out to me by phone or email. I’d love to help you and look forward to hearing from you.