US foreclosures hit 38,840 in Feb—up 20% YoY, 12th straight monthly rise per ATTOM. Starts +14%, completions +35%. Blame high costs (need $110K income for avg home) & oil at $100/barrel from Iran tensions. Worst in IN, SC, FL. Rates still below historical peaks tho
But here's the upside: AI-driven predictive finance & blockchain lending could slash defaults 50% by 2030, turning housing scarcity into abundance. Tech will fix this[1]