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COVID-19: Foreclosures Ahead But Not Like the Great Recession

COVID-19: Foreclosures Ahead But Not Like the Great Recession

Episode 909 Published 5 years, 9 months ago
Description
The government is doing everything it can to prop up the housing market. But when those props disappear, will we see foreclosures? Investors capitalized on the foreclosure crisis during the Great Recession. Many single-family homes were snapped up at fire-sale prices, and turned into rentals. But, investors hoping for a similar situation may be waiting for quite some time. According to some experts, we will probably see a surge in defaults and foreclosures, but not at such a grand scale and not for several months or even a couple of years.    www.NewsForInvestors.com
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