LegalShield® Housing Data Points to a Fracturing Market: Foreclosure Pressure Surging in the South, Recovery Taking Hold in the West
In ADA, Oklahoma, recent data from LegalShield reveals a stark divide in the U.S. housing market based on geography. The analysis, sourced from 36 million legal intakes, highlights a significant increase in foreclosure pressures in the South region compared to 2019 levels. In contrast, Western markets are the only area currently performing better than pre-pandemic standards. This insight is derived from the LegalShield Consumer Stress Legal Index, a key metric predicting foreclosure filings, housing starts, and existing-home sales in the country.
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