Is there a foreclosure wave coming in the 2021 housing market? What will happen when mortgage forbearance ends? Will homeowners default on their loans leading to an increase in supply slowing the housing market to a point where you will see a housing crash?
In today’s video, we look at the latest mortgage delinquency data from Black Knight as well as the last home equity report from Core Logic in addition to talking about the recent extension of the foreclosure moratorium and how all of these factors support a strong housing market and not a foreclosure wave.
Articles referenced in this video 👇
✔BLACK KNIGHT’S FIRST LOOK AT JANUARY 2021 MORTGAGE DATA https://www.blackknightinc.com/black-knights-first-look-at-january-2021-mortgage-data/
✔Mortgage delinquencies below 6% for first time since March https://www.housingwire.com/articles/mortgage-delinquencies-below-6-for-first-time-since-march/
Do you need to be connected with a knowledgeable and professional Realtor or mortgage professional (lender) in your market? If so, please reach out to me directly at www.jebsmith.net/referral
Jeb Smith (Huntington Beach Realtor/orange county real estate)
Coldwell Banker Realty
I N S T A G R A M ➳ https://www.instagram.com/jebsmith
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