Settling the Controversy Over Homeowner Delinquencies

Over the weekend, a wave of social media posts made the rounds, claiming that single-family homeowner delinquencies were “spiking.” But here’s the truth: that narrative simply doesn’t hold up under scrutiny.

As pointed out by industry expert Ricky Carruth—and confirmed by the latest data from Intercontinental Exchange (ICE)—the actual rise in delinquency rates is modest, and still well below pre-pandemic levels.

Let’s unpack the facts:

What the Data Really Says

• The national delinquency rate for single-family homeowners rose just 5 basis points in February to 3.53%.
• Yes, that’s up 19 bps from a year ago, but still 32 bps below pre-COVID levels.
• The confusion likely stems from misinterpreted data—the spike in delinquencies was in the multifamily sector, not single-family homes.
• FHA loans are feeling the most pressure. Although they account for less than 15% of all active mortgages, they made up 90% of the 131,000 year-over-year rise in delinquencies.
• Even with this increase, the number of homeowners 30+ days past due but not in foreclosure sits at 1.91 million, up from 1.78 million a year ago—not ideal, but not alarming.

 Our Take

This is a textbook case of misinformation gaining traction online. And in the real estate world, that can cause unnecessary panic or confusion. At Tupper’s Team, we stay focused on real data, not hype.

The bottom line?

Single-family homeowner delinquencies are not surging, and the financial footing of most homeowners—especially in the Colorado Foothills—remains stable and strong.

In a landscape where social media can spread false narratives faster than facts, it’s more important than ever to lean on experienced professionals who understand how to interpret the data. That’s exactly what we do every day at Tupper’s Team.

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Got questions about the market? Curious how this data affects your home value or buying strategy? Give us a call—we’re always happy to help.

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