foreclosures: Flood of Foreclosures on the Horizon? NO
- 11/04/21 07:14 AM
In North Idaho one can go to many different sources and research questions concerning the possible Flood of Foreclosures that many, mostly the uninformed public, continue to bring into conversations, with the end of forbearance nearing . The stated flood of foreclosures on the horizon is just not going to happen.
The above chart is but one indicator the housing market is much different than that of the housing crash in 2008. 2008 and 2010 showed Home Inventory at 1 year levels and today the national average is roughly 3 months. Many areas, such as Sandpoint North Idaho, being far less than (5 comments)