Price cuts are turning up everywhere right now, and they read very differently depending on which side of the deal you’re on.Sellers tend to worry a cut means walking away with less than they
Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
Dated: August 19 2023
Views: 81
Some Highlights
- With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.
- Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
- Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.
Juan Carlos Hernandez Garza
ENGLISHI’m Juan Carlos Hernandez Garza, your trusted guide to buying and selling real estate in the Vail Valley. For years, I’ve helped clients turn their mountain lifestyle dreams into re....
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