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Writer's pictureVelia Sierra

Why There Is No Foreclosure Wave Coming

Some people are worried that higher costs for everything from gas to groceries will put a pinch on homeowners and lead to a wave of foreclosures hitting the market.


But the latest data helps ease those concerns. Foreclosure activity is still far below levels seen during the last crash.


There's no wave of foreclosures on the horizon. This is just one reason why we’re not headed for a repeat of 2008.




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