Here Come the Foreclosures - Boom to Bust Swing in 7 Months

Let's talk a walk down memory lane, back about 7 months ago to the start of 2022. The Housing outlook revolved around continued Home Price Appreciation growth as well as Rental Rate increases. Many journalists and writers were on record stating that the Housing Market is healthy and that nothing was in the way or preventing the price points from continuing their upward trajectory. Well, fast forward to where we are today and everyone is now signing a different tune. Economists, Analysts and more journalists are openly talking about a Housing Crash and the volume of Foreclosures that are on the way. A total Boom to Bust swing in perspective for the US Housing Market.