Here’s a comprehensive update on the foreclosure market here in Rhode Island
Home prices are on the rise, rental rates are climbing, and people seem to be waiting for a wave of foreclosures to buy up like we had in 2010. Is that even going to happen? We’re going to take a closer look today at the foreclosure market and what to expect from it this year.
Feel free to watch the full video, or use these timestamps to browse specific topics at your leisure:
0:00 — Introduction
0:35 — Why real estate headlines do more to terrify than clarify
1:20 — The latest foreclosure data tells the truth about a supposed “surge”
2:35 — Foreclosure thoughts from an industry-leading expert
3:20 — The role that the COVID forbearance program is playing in today’s foreclosure market
4:18 — Cumulative forbearance numbers from June 2020 through December 2021
7:20 — How and why foreclosure activity is at an all-time low
8:57 — Final forbearance and foreclosure thoughts
If you have any questions for me about the foreclosure market, how to find a good deal, or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.