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IPFS News Link • Economy - Recession-Depression

This Is What The Early Stages Of A Severe Recession Look Like

• The Economic Collapse Blog - Michale Snyder

Unfortunately, so many of the exact same things that we experienced back then are starting to happen in our time.  For example, the Great Recession brought us the greatest foreclosure crisis in the history of our nation, and now foreclosures are really starting to spike here in 2024.  In fact, the number of new foreclosure filings in the U.S. just jumped 10 percent in a single month

Home foreclosures are on the up across the US as Americans continue to battle against soaring interest rates and rising costs.

Last month, 37,679 properties had a foreclosure filing, according to fresh figures from real estate data provider ATTOM – up 10 percent from the month prior.