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Assuming you live in a city, don't buy yet. We're in another historic bubble. The pop is on its way. Many homeowners have taken advantage of Covid related forb
by throwitaway1235 5y ago
Assuming you live in a city, don't buy yet. We're in another historic bubble.
The pop is on its way. Many homeowners have taken advantage of Covid related forbearance on their mortgages. Expect a lot of foreclosures once they expire (begining now).
- vineyardmike 5y ago> Many homeowners have taken advantage of Covid related forbearance on their mortgages. Expect a lot of foreclosures once they expire (begining now) I've seen no evidence that this is true. Do you have a source?
- throwitaway1235 5y agoOne of many sources regarding forbearance related to Covid. https://www.nasdaq.com/articles/3-moves-you-need-to-make-if-your-mortgage-is-about-to-come-out-of-forbearance-2021-07-19 https://www.nasdaq.com/articles/3-moves-you-need-to-make-if-... I don't have a source for increased foreclosures due to soon to be expiration. That's my speculation only.