current housing market & forecast
We may see a little bit of an uptick in foreclosure rates this year (2022). Just an uptick though. from an extraordinary low level, we’re not expecting to see a big increase….We expect delinquency rates overall on home mortgages to actual continue to remain quite low. – Maiclaire Bolton-Smith, Senior Leader of Research, CoreLogic
“So overall I do think that 2022 will be an another strong year for housing. All be it a little bit higher mortgage rates and we do think home sales will continue to rise and actually reach a 16 year high in 2022.” – Maiclaire Bolton-Smith, Senior Leader of Research, CoreLogic
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