227,500 properties got foreclosure filings in first half of 2026
That is up 21% from last year and about 28-30% from two years ago
Active buyers dropped to roughly 967,000 in July
Sellers sat at about 1.46 million, creating a 51% surplus
Nearly 80% of major metros now count as buyer markets
Absolute foreclosure rate still only 0.16% of housing units
The United States housing market is collapsing. The signs are everywhere. https://t.co/UU5o2mDSHC
— Eric Spracklen 🇺🇸 (@EricSpracklen) August 24, 2026
BREAKING: US homebuyer demand has fallen to a record low, with just 967,000 buyers competing against 1.46 million sellers, a 51% surplus of sellers.
— unusual_whales (@unusual_whales) August 24, 2026
I’ve been saying for months that the US housing market is going to crash.
I’m glad everyone else is starting to understand it now. pic.twitter.com/2fhxBcH6w8
— Eric Spracklen 🇺🇸 (@EricSpracklen) August 23, 2026
Active foreclosure inventory hit a six-year high in June at 0.53%.
Foreclosure starts jumped to a six-year high of 43,200 in June.
Pending home sales keep sliding to multi-month lows as rates climb.
Price cuts hit over 40% of listings in some recent weekly data.
Serious delinquencies remain elevated year-over-year.