Here’s a graphic from the Wall Street Journal.
– click on image to enlarge
It shows the number of loans that will reset next year, as a percentage of “all homes” (not sure what they mean by that, is it “all homes” meaning all houses (and/or condos) or all homeowners with loans, or what?).
What does this mean?
Well, for one thing, Massachusetts doesn’t look so bad?
For another, because the states with the problems include Florida, California, and a slew of states on the eastern-seaboard, expect the usual suspects (meaning, Presidential-candidates) to make it one of their primary issues (during primary season).
We don’t need talk and posturing, we need action!
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLS PIN data last updated at January 9, 2025 11:40 PM ET
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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