💰18% More Foreclosures = Better Deals
Two-year highs mean discount properties in every major market
Foreclosure auctions just hit a two-year high.
More homeowners are missing payments, and lenders are finally clearing out their pandemic backlogs.
The flood is spreading everywhere.
From Florida and Texas to the Mountain West, foreclosure filings jumped 18% in early 2025—the biggest spike since 2010.
Commercial Real Estate’s Quiet Winner: Mobile Home Parks
Mobile Home Parks are the only asset type we know of with decreasing supply and increasing demand every year.
The affordable housing crisis is real, and mobile home parks are best equipped to address it.
The vast majority of these assets are still owned by mom-and-pop owners who don’t have the desire, knowledge, or resources to upgrade operations, optimize income, and maximize investor value.
Wellings Capital gives accredited investors direct access to mobile home parks and other commercial real estate asset types through diversified funds.
In Austin, homeowners are bailing out fast.
They're selling at losses above 11% because high rates trapped them underwater.
Builders are panicking too.
They're slashing new-home prices at the fastest pace in three years as unsold inventory piles up.
In this edition of the AltReports:
🏘️Foreclosure auctions surge to two-year highs
📈Midyear foreclosures spike to post-crisis levels
🏢Luxury NYC neighborhood faces foreclosure flood
🏠Austin homes flooding market at steep losses
🏗️Builders slash new-home prices at fastest pace in 3 years
Video of the Week: This Is What Always Happens Before A Real Estate Crash
Chart of the Week: The U.S. Foreclosure Map You Need To See
Podcast of the Week: How to Retire with Passive Income Through Real Estate Syndications
Foreclosure Auctions Surge to Two-Year High
Foreclosure auctions have jumped to their highest level in two years as a growing number of homeowners miss mortgage payments.
Lenders are finally clearing out their backlogs, sending more distressed properties into the auction block and rattling local housing markets.
💡 Investor Takeaway: Focus on markets with the biggest auction backlogs
Midyear 2025 Foreclosures Spike to Post-Crisis High
Foreclosure filings soared to 143,485 in the first half of 2025—up 18% from a year ago and the biggest midyear jump since 2010.
This uptick is spreading from Florida and Texas to the Mountain West, flooding the market with bank-owned properties and auction bargains.
💡 Investor Target nonjudicial states for faster closings
Luxury NYC Hood Faces Flood of Foreclosures
Tribeca’s luxury condo market is freaking out as foreclosure filings surge to their highest level in a decade.
That means a flood of high-end distressed listings is hitting the market, pushing prices off their pedestals.
💡 Investor Takeaway: Start combing foreclosure lists in Tribeca now and lock in deals before the crowd catches on.
Austin homes flooding market at a loss
Austin homeowners are bailing and selling homes at a loss as high rates trap borrowers underwater and values slump from peak.
That’s pushed loss-sales above 11%, well above the national average, and suddenly flooded the market with underpriced digs.
💡 Investor Takeaway: Build relationships with local servicers before the competition wakes up.
Builders slash new-home prices at fastest pace in 3 years
Builders are hacking new-home prices at the fastest clip in three years because sky-high mortgage rates have buyers on the bench.
Unsold inventory is ballooning, pushing cuts deeper and squeezing builder margins across markets.
💡 Investor Takeaway: Lookout for discounted lots and stalled builds.