Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

  • Brenda O’Brien
  • 08/17/23

Some Highlights

  • With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.
  • Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
  • Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.
Brenda O’Brien

Brenda O’Brien

About The Author

Brenda O'Brien, ABR, CRS, GRI, SRS, is an Associate Broker and REALTOR® with Long Realty and a Tucson real estate agent with over $800,000,000 in real estate sales and more than 30 years of experience serving Tucson, Oro Valley, and Southern Arizona. Known for her professionalism, integrity, and exceptional customer service, Brenda specializes in residential and luxury real estate, buyer and seller representation, creative marketing, and home staging strategies. She has earned numerous industry awards and designations, including Certified Residential Specialist, Graduate, REALTOR® Institute, Accredited Buyer's Representative, Seller Representative Specialist, and Certified Luxury Home Marketing Specialist with Million Dollar Guild recognition. Brenda is passionate about helping clients achieve their real estate goals and giving back to the community through the Long Realty Cares Foundation.

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