Recent Home Purchases Underwater - Early Payment Defaults Up - Housing Bubble 2.0 - Housing Crash
Recent Home Purchases Underwater - Early Payment Defaults Up - Housing Bubble 2.0 - Housing Crash
We knew something like this was likely. In fact, it was probable but it did not fit into the Housing Narrative at the time. It is clear that Home Buyers who recently purchased homes in 2022 are now experiencing "Equity Risk" based on where the Housing Market is headed and many are already defaulting on their monthly mortgage payments. This should come as no surprise, especially when looking at the amount of defaults associated with FHA/VA loans, since the borrower qualifications for those mortgages are more flexible than other loan programs. This is the flip side of stretching your purchasing ability during peak markets.
This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.
Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2022 and Beyond.
Today is December 5th 2022 and Randy will discuss the following topics:
Recent Mortgaged Home Purchase Now Underwater
Early Payment Defaults Up - Future Foreclosures ?
Debunking the "Sell With All Your Equity" Narrative
Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.
For a Free Trial click on the link below:
https://www.foreclosure.com/?rsp=3325
** Additional Medium **
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Housing Bubble 2.0
@HousingBubble2
I will conduct live Q&A sessions and other Real Estate related discussions.
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Connect with me to find out more about how I can help you in Real Estate.
I offer:
Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
Real Estate Education Products & Services
Market Research & Consulting
Multi-Family & Other Commercial Assets
Build To Rent & Build To Flip Investments
I can be reached at:
Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com
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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:
If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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