by Calculated Threat on 6/04/2025 12:58:00 PM
As we speak, within the Calculated Threat Actual Property E-newsletter: Q1 Replace: Delinquencies, Foreclosures and REO
A quick excerpt:
This complete housing cycle I’ve argued that we’d NOT see a surge in foreclosures that might considerably affect home costs (as occurred following the housing bubble) for 2 key causes: 1) mortgage lending has been stable, and a pair of) most owners have substantial fairness of their properties.
…This graph exhibits the nominal greenback worth of Residential REO for FDIC insured establishments primarily based on the Q1 FDIC Quarterly Banking Profile launched final week. Word: The FDIC stories the greenback worth and never the full variety of REOs.
The greenback worth of 1-4 household residential Actual Property Owned (REOs, foreclosures homes) was up 5% YOY from $742 million in Q1 2024 to $784 million in Q1 2025. That is traditionally extraordinarily low.
There’s far more within the article.
