July 2024 Foreclosure & Mortgage Delinquency UPDATE

Here’s the latest news regarding foreclosures and mortgage delinquencies in the United States. For example, foreclosure filings so far this year (January through June 2024) are down 4.4% from the same time frame last year. Also, based on my nerdy analysis, the average from 2014-2019 is 472k foreclosure filings. Therefore, so far this year foreclosures are down a whopping 63% compared to average January to June in 2014-2019. Additionally, there were approximately 10 times more foreclosures at the peak in 2010 compared to the same time period of 2024.

This is your latest US foreclosures update! See the links below for the sources of the reports. Thank you for watching the video! I appreciate you. Please like, share this video and subscribe!

Watch THIS Before Purchasing a Foreclosure:
   • WARNING: Watch THIS Before Purchasing...  

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Compilation of Housing Market Forecast videos:
   • Housing Market Predictions  

Here are the reports I went over in today’s video: https://www.attomdata.com/news/most-r...

https://www.huduser.gov/portal/ushmc/...

https://fred.stlouisfed.org/series/RE...

https://fred.stlouisfed.org/series/DR...

https://fred.stlouisfed.org/series/PS...

https://fred.stlouisfed.org/series/DR...

https://fred.stlouisfed.org/series/UN...

https://www.icemortgagetechnology.com...

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6.8% for the current mortgage rates (at the time of filming this video for borrowers with exceptional credit).

Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?

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Jason Walter, CPA (inactive CPA lic 103885)
Sacramento real estate agent and native (DRE 01923240)
Mortgage Loan Officer, NMLS 2566691
Revest Homes (DRE 02174879, NMLS 2362319)
[email protected]

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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.

This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent and mortgage loan originator with Revest Homes in California (DRE 02174879, NMLS 2362319).

For informational purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Equal housing lender.

#foreclosures #housingmarket #foreclosedhomes