09/30/2026
Wrapping September with four things worth tracking heading into Q4:
Pre-foreclosure filings — volume has been climbing in several major metros. The prime outreach window for September filings opens in October. Get ahead of it now.
Absentee owner equity — markets with significant 2020–2022 appreciation continue to produce absentee owners sitting on equity they haven't acted on. Rising rates haven't moved them to sell. Rising carry costs might.
DOM trends — secondary markets that softened through summer are still soft. Sellers who didn't close on MLS in Q3 are starting to reconsider their options heading into Q4.
Tax delinquency — slow-building signal. Multi-year accumulation on absentee, high-equity residential properties. Not urgent for the owner yet. Will be.
The Q4 data story is setting up. The investors and professionals who are watching it right now are building pipelines their competitors will catch up to in January.