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all right major changes unfolding in the U.S housing market changes surrounding the number of serious delinquencies and foreclosure starts currently taking place because we just got black Knights newest report just released yesterday and what it shows solidifies our previous findings regarding the number of foreclosures taking place and what appears to be this ongoing issue that baking institutions still have starting new foreclosures which could answer part of the critical question regarding the reason inventory is still so far below pre-bubble levels but before we start with the report look at those crazy year-over-year increases in foreclosures to make sure were all on the same page with present inventory levels take a look at this chart of active listings nationally what youll notice is that on the top line numbers we still do have a lack of inventory overall when compared to the historical average we have a spread of about 600 000 homes to get us back to say 2018 levels 1.3 mi
