Rise in foreclosures hits heartland, retirees

Here's a bad mix hitting some parts of the U.S.: A housing affordability crisis, underemployment, banks that offer loose credit, and debt-stricken retirees.

By Marlene Y. Satter | Updated on December 05, 2017

It’s liable to be a rough ride ahead as foreclosures rise in what’s been a sizzling heartland housing market.

As the Huffington Post reports, Stateline points to a number of problems as possible causes for an uptick in foreclosure starts in areas where houses have been a hot ticket—places like Denver, Austin, Dallas, Nashville and Columbus, Ohio.

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