Millions Missing Payments. So Why Haven't Home Prices Crashed?

Описание: Something is wrong in the housing market. Millions of homeowners are missing mortgage payments, FHA delinquencies are surging, and foreclosure distress is building — but home prices haven't crashed, and foreclosures haven't flooded the market. So what's really going on with the housing market?

I sat down with John Comiskey, a widely followed Substack writer who tracks mortgage and housing data, to break down the hidden system that suppressed foreclosures for years, why the rules just changed in October 2024, what "Modifications of Doom" means for 150,000 homeowners, and whether 250,000-300,000 distressed homes are about to hit the housing market.
This is NOT 2008 — but something is wrong and every homeowner needs to understand what's coming.

📩 John's Substack: https://johncomiskey.substack.com/

00:00 If You Miss Mortgage Payments Do You Lose Your Home?
02:18 Why Foreclosures Are Not Surging Despite Missed Payments
02:46 What Is Loss Mitigation and How Does It Work?
06:09 FHA Partial Claims Explained - How Homeowners Avoid Foreclosure
07:54 Loan Modifications Explained - How FHA Lowers Mortgage Payments
11:33 What Happens When Loan Modifications Fail?
17:05 Modifications of Doom - The Hidden Foreclosure Time Bomb
19:36 Are Recent Home Buyers or Older FHA Loans in More Distress?
28:57 Why FHA Loans Have the Highest Mortgage Delinquency Rates
30:29 FHA Delinquency Rate Is Surging - How Bad Is It?
37:35 Homeowner Equity - Will It Protect the Housing Market?
47:41 Where Are Foreclosures Concentrated - Texas Florida and Beyond
52:26 How Many Foreclosures Are Coming in the Next 12-18 Months?
59:49 Why This Housing Crisis Is Nothing Like 2008
1:06:29 What Happens If Mortgage Distress Spreads Beyond FHA?
1:09:21 Is a Government Bailout of the Housing Market Coming?
1:11:49 Final Thoughts on the Foreclosure Flood

Jasson Farrier is a licensed real estate agent in Ohio under Kiger Realty.

📉 THE DATA STACK (Verify My Work)
I don't guess. I pull the receipts. Here are the sources for today's video:
• Redfin Data Center: https://www.redfin.com/us-housing-market
• Realtor.com Trends: https://www.realtor.com/research/
• ResiClub Analysis: https://www.resiclubanalytics.com/sub...

🤝 WORK WITH JASSON
Stop guessing. Get a strategy based on actual numbers, not hype.
📅 https://jassonfarrier.com/contact
📧 Email: [email protected]
🏘️ Ohio Real Estate: Licensed Agent with Kiger Realty

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Abolishing Ohio Property Tax: https://axohtax.com/
Buying your first rental: @OneRentalataTime
CFPB – Owning a Home: https://www.consumerfinance.gov/ownin...
HUD – Find a Housing Counselor: https://www.consumerfinance.gov/find-...
FREE Home Buying Course: www.realestatemindset.org
HUD – Buying a Home: https://www.hud.gov/helping-americans...
Fannie Mae HomeView (free course): https://www.fanniemae.com/education
Freddie Mac CreditSmart Homebuyer U (free course): https://creditsmart.freddiemac.com/pa...
Redfin – U.S. Housing Market: https://www.redfin.com/us-housing-market
Resiclub - Deep housing market analysis: https://www.resiclubanalytics.com/sub...
Realtor.com – Research & Local Trends: https://www.realtor.com/research/

🛠️ TOOLS I USE & TRUST
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• Streamyard (Best Streaming Tool): https://streamyard.com/?fpr=ohioreale...

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ABOUT HOUSING NERD
No cheerleading. No crash cult. I pull the data, expose the risks, and pressure-test the headlines. Prices, inventory, rents, migration, investor activity—I break it down with real sources (Redfin, Zillow, FHFA, Census, BLS, and EXPERIENCE ) so you don't get wrecked by the market.
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Disclaimer:
Jasson Farrier, The Housing Nerd, is not a licensed financial advisor, tax accountant, or attorney. The information in these videos is provided for educational and entertainment purposes only and should not be relied upon as financial, legal, or tax advice. This content does not constitute a recommendation or solicitation to buy, sell, or invest in real estate, securities, or any other product. Jasson Farrier and The Housing Nerd do not endorse or promote any company, product, or service that may appear in this content. All views expressed are solely those of Jasson Farrier and do not necessarily reflect the opinions of any organization or affiliates. While every effort is made to verify the accuracy of the data presented, no guarantee is made that the information is complete or free from errors. By watching or engaging with this content, you agree that The Housing Nerd and Jasson Farrier are not responsible for any actions or decisions you make based on the material presented.