What Cities Have The Hightest Mortgage Delinquency Rates in America?
DEC 12, 202514 MIN
What Cities Have The Hightest Mortgage Delinquency Rates in America?
DEC 12, 202514 MIN
Description
<p>🚨 <strong style="color: inherit;">WARNING: Mortgage Distress is SOARING!</strong> 🚨 Scott dives deep into alarming new data from WalletHub, revealing a shocking truth: 1 in 11 Americans with a mortgage is in distress, 90 days or more behind on payments! This isn't just a national trend; it's intensifying, with an unsettling 5% increase in just one quarter. Even more surprising? Eight of the top 25 most distressed cities are right here in the Lone Star State – and the #1 city will absolutely astonish you!</p><p><br></p><p>In this must-watch episode, Scott breaks down the WalletHub report, pinpointing which cities are struggling the most, why these numbers are skyrocketing, and what it means for YOU as a real estate investor. From Laredo's staggering 24% delinquency rate to unexpected surges in major California and Florida markets, this data is critical for understanding where to find your next distressed property deal. Don't get caught off guard – learn where the opportunities are emerging and how to adapt your strategy to profit from these shifting market dynamics!</p><p><br></p><ul><li><strong style="color: inherit;">1 in 11 Mortgages Distressed:</strong> Uncover the alarming national average and quarterly increase in mortgage delinquencies, indicating a growing wave of distress.</li><li><strong style="color: inherit;">Texas on the Edge:</strong> Discover which Texas cities, including Laredo (#1 overall!), El Paso, Lubbock, San Antonio, and Houston, are experiencing significant mortgage distress.</li><li><strong style="color: inherit;">Top 10 Most Distressed Cities:</strong> A breakdown of the nation's highest mortgage delinquency rates, from Detroit to Newark, and what drives their financial struggles.</li><li><strong style="color: inherit;">Fast vs. Slow Foreclosure States:</strong> Understand how different state foreclosure laws (judicial vs. non-judicial) impact the speed and opportunity in distressed markets.</li><li><strong style="color: inherit;">Unexpected Surges & Drops:</strong> Analyze surprising quarterly increases in delinquency rates in cities like Irvine, California, and Tampa, Florida, alongside places where rates are improving.</li></ul><p><br></p><p><strong>The market is shifting, and understanding these trends is key to smart investing. Whether you're a fix-and-flipper, note investor, or exploring other strategies, this episode provides invaluable insights into where distress is concentrated and how to position yourself for success. Don't wait – the time to act is now!</strong></p><p><br></p><p><a href="https://youtube.com/live/BRdc6-o6D0o" rel="noopener noreferrer" target="_blank"><strong>Watch the Original Video of this Episode HERE!</strong></a></p><p><br></p><p><a href="https://wallethub.com/edu/cities-mortgage-delinquency-rates/141263?utm_source=chatgpt.com&fbclid=IwY2xjawOlag1leHRuA2FlbQIxMABicmlkETFkdHNEYzQxMVZCUDc0eEdRc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHhygTw13xJVaWHcwj9DZjgpESJRrH9llpFZcBSJIPRjB-McFDrsCa3gdDW3K_aem_1Nuo0gZ5Ltu6ZhDMCbs65A" rel="noopener noreferrer" target="_blank"><strong>CLICK HERE TO GET THE LINK TO THE ARTICLE</strong></a></p><p><br></p><p><a href="http://TalkWithScottCarson.com" rel="noopener noreferrer" target="_blank"><strong>Book a Call With Scott HERE!</strong></a></p><p><br></p><p><a href="http://NoteWeekend.com" rel="noopener noreferrer" target="_blank"><strong>Sign up for the next FREE One-Day Note Class HERE!</strong></a></p><p><br></p><p><a href="http://NoteUmbrella.com" rel="noopener noreferrer" target="_blank"><strong>Sign up for the WCN Membership HERE!</strong></a></p><p><br></p><p><a href="http://NoteBuyingForDummies.com" rel="noopener noreferrer" target="_blank"><strong>Sign up for the next Note Buying For Dummies Workshop HERE!</strong></a></p><p><br></p><p><strong>Love the show?</strong> Subscribe, rate, review, and share!</p><ul><li><a href="https://weclosenotes.com/how-to-subscribe-rate-our-podcast-5-stars-on-itunes/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">Here’s How »</a></li></ul><p><br></p><p><strong>Join the Note Closers Show community today:</strong></p><ul><li><a href="https://weclosenotes.com/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">WeCloseNotes.com</a></li><li><a href="https://www.facebook.com/noteshowpodcast/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Facebook</a></li><li><a href="https://twitter.com/noteshowpodcast" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Twitter</a></li><li><a href="https://www.linkedin.com/in/1scottcarson/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">Scott Carson LinkedIn</a></li><li><a href="https://www.youtube.com/watch?v=NkDyqDB6fD4&list=PLRHv04Q15a0Ds_6lseLx3Pb4-Li1gLmDB" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show YouTube</a></li><li><a href="https://vimeo.com/weclosenotes" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Vimeo</a></li><li><a href="https://www.instagram.com/noteclosers/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Instagram</a></li><li><a href="https://www.pinterest.com/1weclosenotes/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">We Close Notes Pinterest</a></li></ul>