HOA Foreclosures Are Surging — Even If Your Mortgage Is Paid Off

HOA foreclosures are surging nationwide, and most homeowners don't realize their HOA can place a lien — and in about 20 states, legally foreclose — even if their mortgage is completely paid off.In this week's market trends podcast episode, Matt Lombardi and Steve Kaempf break down the "super-priority" laws behind this, why HOA-related foreclosures jumped 40% over two years, and why rising insurance and repair costs are forcing associations to skip grace periods and move straight to legal action.Also this week: Zillow lays off 500 employees just before earnings, continuing a pattern of AI-driven cuts. The Fed holds rates steady at its July meeting under new chair Kevin Warsh, despite a surprisingly split committee — and mortgage rates have surged to a one-year high as a result, now hovering around 6.7%. Plus, NAR releases its Q2 progress report on legal wins, broker relations, and legislative advocacy; JPMorgan Chase commits $750 billion through 2035 to boost homeownership; and Illinois' housing permit drought (second-worst in the nation) is quietly fueling a supply crisis even as the state's population grows.New episodes of Market Trends drop every Monday — subscribe so you don't miss the next one.#HOA #Foreclosure #HousingMarket2026 #RealEstateNews #MarketTrends #MortgageRates #FederalReserve #Zillow #RealEstateInvesting #ChicagoRealEstate #markettrends #peoplenottitles Full episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues.Our Success Series covers principles of success to help your thrive!Website: http://peoplenottitles.com/ YouTube: https://www.youtube.com/@peoplenottitles/videosInstagram: https://www.instagram.com/peoplenottitles/ Linkedin: https://www.linkedin.com/in/stephen-kaempf-b66a8013/ X: https://x.com/sjkaempfSpotify : https://open.spotify.com/show/1uu5kTvBhxsbgjskQS1SXK