Some Highlights

  • With prices going up and up, a lot of folks are getting concerned that we'll see a whole bunch of homes going into foreclosure. But let me tell you why that's probably not going to happen.

  • Good news on the mortgage front - it looks like there are fewer folks who are falling seriously behind on their payments these days. You know, if we were expecting a big increase in foreclosures, we'd definitely see more people struggling to pay their mortgage on time. So, it seems like the situation is looking a bit better and more stable at the moment.

  • It looks like we don't have to worry about a flood of foreclosures anytime soon. Most people are keeping up with their payments on time, so we can say that a wave of foreclosures is not on the horizon, based on the data.