What Do Rising Foreclosure Rates Mean for the 2023 Housing Market?

https://www.realtor.com/news/trends/foreclosures-are-spiking-how-bad-of-an-omen-is-this-for-the-2023-housing-market/
Roughly 1 in every 4,000 homes had a foreclosure filing in May, a 7% increase from April and a 14% annual gain. That uptick corresponds with the end of a federal moratorium that suspended foreclosures during the COVID-19 pandemic. Homeowners who have been late on their mortgage payments for the past few years are now