A Foreclosure Update

The U.S. economy has been slowing, job openings have been on the downtrend, and unemployment has risen. There are many headwinds. Are foreclosures on the rise? How do delinquencies look?

Steven Thomas, with Reports On Housing, will provide the latest data and demonstrate where foreclosures are headed from here.

👉🏼 "Housing Debrief" - Season 5, Episode 29 👈🏼

Sponsored by Kevin Kaltenbach, the Reverse Mortgage Specialist at Senior Financial Group, Inc., [phone].

*The content in this video is accurate as of the posting date. This is not investment advice.*

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[NW.Modern]

Before you mentioned it in this video, I was literally thinking to myself that it's amazing and a shame your content doesn't have more views! Without a doubt, your updates are the most accurate I've seen anywhere on YouTube. I'm a broker and small time residential developer in WA state, and often look to your forecasts for what's coming next. Very much appreciate your diligence and the continued updates- keep it up!

[OlafKilthau]

Great video! I enjoy the data, rational thought, and non- sensational economic approach

[geolorimer]

Steve, thanks for all your data. George

[giniaa]

They didn't cut the rates because inflation is still so persistent. If they cut now, it is likely to invite worse inflation as that is what has happened when rates are cut during high inflation.

[ebenezerfagundes]

The only person who profited from these cash bro videos were themselves.
Even a broken clock is right twice a day.

[deanaustin]

Hi Steve, Just catching up on your videos to make sure I didn't miss anything. I was most interested in the National Delinquency rate chart you showed at 18:15. Since we had an elevated delinquency rate at the start of Covid, did we also have prices drop as well, at that time? You put a label of Forebearance to illustrate that. Does that mean that technically there were not that many foreclusures at that time, because people caught up with the payments before long?

[RVingwithBandit]

Steven great info as always! I reference your info all the time with clients and recommend them to subscribe and get the information direct from your videos. Your just not a shock jock and keep it data driven, which is greatly appreciated by those who want the real scoop. Maybe you need to have a guest appearance from Danny Bonaduce and see if you can up your numbers. haha

[anatoligrama]

I like your comments, could you guys add more channels that you guys are looking?

[CA.R.E.]

“While you were waiting for the coming crash I made myself wealthy by investing in real estate.” ~ Most American 🇺🇸 Homeowners

[ccolburn]

hard to make any predictions when the data is skewed nobody truly knows, i think failure will only apear suddenly

[OlafKilthau]

Tabloid economics is what these clowns capitalize on!
Why should data and reason get in the way of what they believe?!

[alexs]

Nick is def a "crash bro" but he does present his videos based on economic metrics. I think he does understand that real estate is local and has talked about places like Massachusetts, Cali, Vegas that aren't necessarily crashing, rather seeing price appreciations. I think both of you do great work for housing trend analysis but it's not bad at least hearing both sides to get a more balanced opinion.