Did you read the entire article?? Apart form the headlines (which literally focuses on a 1 month span), the forecast mostly looks promising for home prices to continue the way they are. I would like to point out a few paragraphs from the article.
Quote:
According to Black Knight's First Look report for September, the percent of loans delinquent increased 13.2% in September compared to August, but decreased 9.8% year-over-year.
The percent of loans in the foreclosure process decreased 4.5% in September and were down 26.0% over the last year.
Black Knight reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) was 3.97% in September, up from 3.52% in August.
The percent of loans in the foreclosure process decreased in September to 0.52% from 0.54% in August.
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Unless the stock market goes belly up, it's business as usual in CA