A recent study reveals a “significant” increase in foreclosures over the past few months, not only in Plano, Texas but across the country, due to the major challenges citizens face today with the high cost of living, particularly with high interest rates. Brian Turner, director and chief economist at Meridian Economics, highlighted the figures showing […]
According to Attom’s Mid-2024 Report on the U.S. Foreclosure Market, over 185,000 properties faced foreclosure filings. This represents a 13% increase compared to the previous year. Foreclosure filings can include notices of default, scheduled auctions, or bank repossessions. As national rates rise, in Oklahoma, 1 in every 766 households is experiencing foreclosure, placing the state […]
Study on Foreclosures Ranks Nebraska Among the 10 States with the Worst Housing Conditions Due to Large Investors A recent analysis ranked Nebraska among the 10 states with the most precarious housing conditions, largely due to the significant impact of corporate investors. The Private Equity Stakeholder Project released its first state-by-state “risk index” to inform […]
There is currently a growing housing crisis in Anchorage, Alaska, where rising mortgage rates, coupled with inflation and supply shortages, are making housing increasingly unaffordable for many area residents. The Alaska Housing Finance Corporation (AHFC) has conducted a study showing a 52% increase in mortgage payments and a 24% increase in rents between 2018 and […]
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