Why there aren't more mortgagee sales as prices fall and interest rates rise

Despite declining house prices and rising interest rates, the number of mortgagee sales remains significantly lower than during the 2009 financial crisis. This trend suggests that homeowners are increasingly able to keep up with their mortgage payments, even in a challenging economic environment. The stability in mortgagee sales indicates that the housing market may be more resilient than expected, but it also raises questions about how long this trend can continue as economic conditions evolve. This insight is crucial for understanding broader economic health and future housing market dynamics.