Foreclosure Starts SURGE 187% - Pre Pandemic Levels (Warning!) |
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Foreclosure starts – the first step of the process and one that doesn’t always lead to a final foreclosure – affected 23,952 U.S. properties in August, up 12% from July and up 187% year-to-year.
So what does this mean for the housing market? Well we could be looking at a significant amount of foreclosure properties hitting the market in 2023 if these people cannot save themselves from the gavel. Need a Realtor? https://homeandmoney.com/michael/ ====== Like My Sunglasses? Get a Pair https://ebay.us/PhTVOG ====== I offer 1 on 1 calls, book one if you'd like! https://michaelbordenaro.com/book-service/ ====== My Filming and Editing Equipment https://michaelbordenaro.com/my-youtube-gear/ ====== Sign Up for My Email list and Get Weekly Video Updates in Your Inbox! https://bit.ly/MBreminders Articles Mentioned in the Video https://www.floridarealtors.org/news-media/news-articles/2022/09/more-fla-inventory-depends-price-tier?utm_campaign=9-09-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email https://www.redfin.com/news/inflation-renters-gen-z-millennials-2022/ https://www.floridarealtors.org/news-media/news-articles/2022/09/foreclosure-starts-close-pre-pandemic-levels?utm_campaign=9-09-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on sales you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support me and my channel! :) |