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Home Foreclosures are Surging. Repeat of 2008 Mortgage Bust Coming? | Nick Gerli & Amy Nixon

Wealthion - Be Financially Resilient

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The Policy Effect Lag in the Housing Market

Sally Kohn: It's been about a year since the very first rate hikes started. We have only probably seen maybe a third of the impact like on the economy, she says. And just with that little bit, prices have started to collapse in particular regions of the country and other regions are just sort of hanging on. "We still have at least half of these rate hikes to sort of work their way through the system," said Kohn.

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