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This data is seen in the "Delinquencies/All Banks" section and the "Asset quality measures; Delinquencies on all loans and leases; Secured by real estate; All commercial banks (End of period)" column.
This shows the delinquencies per capita and adjusted for inflation.
This shows the growth in delinquencies year over year. Even the growth rate is turning parabolic. Ouch!
See Also:
Calculated Risk: Fed: Delinquency Rates Rise in Q3
Source Data:
FRB: Charge-off and Delinquency Rates
St. Louis Fed: Population: Mid-Month
BLS: Consumer Price Index
Update: I added a few charts to better show what's going on (Thanks CR!).
2 comments:
Mark, I don't know why but the though that homes may one day be like public defenders lawyers for the poor keeps running threw my mind, "if you cannot afford one, one will be appointed for you".
We'll see.
Kevin
You have the right to remain solvent. Anything you pay can and will be used to get you into the largest available empty housing structure. You have the right to speak to a real estate agent, and to have a real estate agent present during any bargaining. If you cannot afford a real estate agent, one will be provided for you at government expense.
Knowing and understanding your property rights as I have explained them to you, are you willing to accept this house without a real estate agent present?
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