Housing market's most at-risk areas as foreclosures rise

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New Jersey and Illinois are facing a stressed housing market, according to a new report.

New Jersey and Illinois are facing a stressed housing market that's grappling with gaps in affordable homes, underwater mortgages, foreclosures and unemployment, according to a new report, at a time of uncertainty for the housing market amid high interest rates.

Meanwhile, the southern United States and the northeast demonstrated a more solid environment in the second quarter of 2023.

 

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