Making It in the Bay

Foreclosures Spike in Bay Area, Up 90% From a Year Ago: Report

NBC Universal, Inc.

A painful reality is starting to pick up again for more families in the Bay Area: foreclosures.

A new report finds the number of foreclosures so far in 2022 is up 90% in the Bay Area, at more than 1,700. Some can be attributed to pandemic-related protections expiring.

One Peninsula real estate agent says despite the spike in foreclosures, there's no need to panic as the pace is still well below 2019.

Get the full story in the video above.

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