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Foreclosures “at a six-year high… up, get this folks, 26% year over year. There was 119,000 foreclosure filings in the first quarter of 2026” (citing WSJ/ATTOM)
…Foreclosure dam on the US housing market is finally starting to break. The people who took on high mortgage rates at high prices the last four years are now defaulting on mortgages and banks are taking their homes. According to the Wall Street Journal, high housing costs are now leading to foreclosures being at a six-year high, and they're up, get this folks, 26% year over year. There was 119,000 foreclosure filings in the first quarter of 2026, and in some states these filings are absolutely skyrock eting. You can see on this map the areas with the highest foreclosure rates in the US , and why this is a big deal is the fact that for most of the post-pandemic era, forecl osures more or less weren't allowed in the housing market. The government initially banned the foreclosures during and after the pand emic, and then even up until late last year, there was still all these programs that allowed defaulted homeowners…From: this video · 1 claim mined from it
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