Why foreclosures are still below pre-pandemic levels
Housing Wire
MAY 13, 2025
According to the most recent credit data from the New York Fed , foreclosure data for the housing market is still below 2019 levels. Although foreclosure rates rose in the last quarter, we are far from the stressful levels that we saw during the run-up to the housing bubble crash in 2008. Credit data in general doesnt look great when accounting for credit card debt, auto loans, and student loan debt all have had an increase in their percentage on 90-day lates.
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