Do Rising Foreclosures Pose a Threat to the US Housing Market?

Foreclosure notices have surged 34% year-over-year to nearly 125,000 in the third quarter of 2023, up 28% from the previous quarter, indicating a return to pre-pandemic levels as foreclosure moratoriums expire. While rising foreclosures and high home prices have some fearful of a housing bust, experts are optimistic about the state of the market in
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