The increase could be partially due to rising unemployment and stalling job creation.

Recent spending cuts to rural safety net programs have some bracing for financial hardship, in light of what they went through during the Great Recession.

The wave that hit after the pandemic foreclosure moratorium first lifted has generally worked its way through the system.

It may be down to layoffs. It may also be down to house-flippers.

Now that the federal moratorium on foreclosures has been lifted, foreclosures are on the rise, but many are for properties that were already abandoned or vacant.

But filings are still well below historical norms. And analysts are not expecting anything like the foreclosure crisis during the last recession.

But a CDC moratorium on foreclosures is set to end on July 31. Meanwhile, “seriously delinquent” mortgages have nearly doubled from last year.

But the recovery has been unequal. Black homeowners are at a higher risk of foreclosure when forbearance rules expire, one nonprofit says.

Homeowners can request up to six months of additional relief, and the deadline for new applicants is now the end of June.

Wayne County estimates roughly 10,000 properties were scheduled for tax foreclosure this year, including about 3,200 owner-occupied homes.