In contrast to the national trend, metropolitan areas with a population exceeding one million that witnessed a decline in foreclosure starts in Q3 2023 included Salt Lake City, Utah (down 74 percent) and Chicago, Illinois (down 35 percent).
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— unusual_whales (@unusual_whales) October 17, 2023
The US economy is getting close to that point where the financial services industry breaks. The unrealized losses on bank balance sheet paints a picture nobody wants to see. Let’s not forget residential real estate is priced for a world does not exist. pic.twitter.com/wBxZIIZ1wA
— Professor Mark W Guthner (@MGuthner) October 19, 2023
h/t Simian_Stacker
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