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Reventure Data on Instagram: "Foreclosures are rising at their fastest rate since the last housing crash — up 32% year over year, according to Forbes. They’re increasing the most in Florida and Texas, where home values are already sliding and Zillow listings are seeing big price cuts. So the big question is, are we heading toward another 2008-style foreclosure crisis, or is this just a false alarm? Here’s the truth: Overall foreclosure levels are still low, with less than 1% of U.S. homes in for
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The foreclosure crisis in the red country is so deep, banks are begging for any payment—citizens refuse, knowing prices will keep falling. It’s gotten so bad, banks won’t even bother repossessing homes anymore. Foreclosed properties hit auction blocks with zero bidders. Total collapse mode. #foreclosure #realestatecrisis #housingmarketcrash #rentcrisis #economiccollapse #fyp
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