Foreclosure rates are on the rise in the U.S., with filings up 18% year-over-year as of August 2025 and increasing for six consecutive months, Compound that with unemployment on the up tick, wages stagnant at levels..inflation hitting on the rise.
Our next concern, a run on the banks...if that happens....we will be so fucked.

People paid too much for housing?   With that the increase in DEBT they have accumulated since COVID and depleted savings has now caught up to them.    Inflation the past 4 years.  Credit card debt has increased the past 3 years.  Household debt has increase the past 3 years.   Savings has depleted.  Also job market volitivity.   This plays into cutting of all the federal jobs or layoffs.   Not the current one but the previous.   Not the buyouts but the firings.  

 
You want to blame it on Trump.... but that is such a false narrative.    Housing market couldn't sustain the rate it was going.    The bubble hasn't burst yet, but it will soon.... very soon.   Trump was or is trying to keep it "afloat" with his wanting to lower interest rates.   But that will just make it worse.  

were staying ahead of inflation.   What new info are the relying on to claim that wages are stagnant?  

END OF MESSAGE

That is spurring on these foreclosures  
On Dec,2024 the feds drop the rate. The Feds were in position to drop it again right around March , 2025. Then guess what happened …. Hint: begins with a T..  Trumps tariff started making the news. 150 percent here, 200 percent there and then full TACO took over.Feds gots spook and didn’t address any rate drops till just recently.
Could this have saved some of the borrowers who had ARM loans, maybe but this instability isn’t helping.
And seriously, you’re asking if “ People paid too much for housing?”… you’re not serious with that. It’s market value at the time of purchase  
I’ve never heard of a house being listed at 1K and the buyer says. “I’ll buy it for 1.1K”…, SMH

People in my area and others were offering over asking price.   Yes they were paying too much for housing.   Just like in pre-2008 right before the collapse.   Funny how history repeats itself and people don't learn.

 
Pre-2008:
Interest rates at that time were LOW, the ARM rates were a "newer" thing and people got upside down on them.   People were buying homes with ARM's and thinking they could just live in homes for a year or two turn a profit.... resell and move to another with the profit and upgrade and repeat.   Sound familiar to what is happening now.   Which increased home prices and a buying frenzy.   Sound familiar..... hmmm.   Which priced new home buyers out of the market.... sound familiar.   Yes this is what happened back in 2008.

 
What is happening now is when TRUMP lowered rates the first time.  People did the repeat of above....  Then the HELOC rates were low and people started to by "investment" properties with the equity in their homes. Then when COVID hit.... inflation sky rocketed.... people started to incur more debt, dwindle savings, etc.... People started to take out seconds on their homes to pay off debt on CC.   Then those HELCO rates jumped to 7%.   People started to become upside down on loans.   People are letting those "investment" properties go back to banks.    

 
You can try and blame TARIFFS all you want.   But this is because of the past 3 years.  Foreclosures take MONTHS if not YEARS to happen.    The CC debt didn't happen with the tariffs that got implemented in JUNE.  They happened because of 4 years of inflation.  Now if you say foreclosures happening come May 2026..... you might have some validity.   Since foreclosures take about 6-8 months to happen.  But keep up with your delusion on this one.  

 
Like I mentioned..... come May.... you can blame Trump all you want and I will agree.   But this one right now on foreclosures... NOPE.