Show Notes
Every recession, crash, and major change in the real estate market has its warning signs. And while most people think these can only be seen in hindsight, we have “stress tests” today that signal corrections, crashes, or rising prices to come. These tests not only test the housing market, but also the economy as a whole, to tell us whether we’re going to spiral down for years or stay afloat.
Today, we’re looking at one of the greatest “stress tests” of the housing market—credit.
The “canary in the coalmine” of real estate is forced selling. Once this begins, the domino effect can easily get out of control. When sellers can’t pay their bills, and are forced to sell, a race to the bottom is almost inevitable—and there’s one part of the real estate market where this exact scenario is ramping up—fast.
In today’s show, we’re detailing the assets and regions most at risk, comparing 2026’s economy to 2008/2009 to see where we stand, going over foreclosure and delinquency numbers, and touching on the newest (concerning) consumer debt numbers quickly starting to rise—will the spillover put the housing market in danger?
In This Episode We Cover
Our latest “credit stress” report and who is (and isn’t) paying their mortgages
2008 vs. 2026 housing market stats: foreclosures, delinquencies, and more
Forced selling has already begun for one (formerly profitable) type of real estate
The corner of the housing market seeing double-digit delinquency rates in 2026
Newest consumer debt numbers and why they should concern many Americans
And So Much More!
Links from the Show
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Dave's BiggerPockets Profile
On the Market 427 - The 2026 Recession is Here
BiggerPockets Forums
New York Fed Household Debt and Credit Report
Grab the Book, Recession-Proof Real Estate Investing
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