Will the housing market crash in 2021? Will there be a huge wave of foreclosures coming to the market once the eviction and foreclosure moratorium expires? What happens when mortgage forbearance end? In this video, we look at the most recent data from Black Knight that shows how mortgage loans are performing when coming out of forbearance, how many homeowners are doing cash out refinances versus 2008 and how much equity the majority of homeowners have that are currently in forbearance and why all of that refutes a foreclosure crisis.
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Articles Referenced in this video:
https://cdn.blackknightinc.com/wp-content/uploads/2020/10/BKI_MM_Sept2020_Report.pdf
Please let me know your thoughts below: what are your predictions for the housing market 2021 forecast and the housing market 2021 california? After watching this video, do you believe you should be buying a home this year or if now is the best time to sell a house?
Do you believe a house market crash 2021 or real estate bubble will happen? If so, why? What are your thoughts on the Orange County real estate market and the potential real estate crash for orange county real estate?
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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE #01407449
Coldwell Banker Realty
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