In March 2020, the U.S. experienced the coronavirus lockdowns that caused an economic shock to rock the nation. Businesses across the country were forced to shut down, resulting in millions of job losses. Since then,
When deciding when and where to buy and sell in real estate investing, it is paramount that you understand if the area you are looking in has a looming or current foreclosure crisis. The reason
The U.S. foreclosure rate in October 2020 witnessed a sudden jump, up 20 percent and bank repossessions surged 28 percent from the previous month. Mortgage lender foreclosure properties (REO) were also up 28 percent from
9.9 million Americans were behind on their mortgage or rent payments by the end of October and had little to no confidence that will make next month’s payment, according to the U.S. Census Household Pulse Survey.
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