Updated over 4 years ago on . Most recent reply
Mortgage Firms And Homeowners effected by Pandemic
I saw this article on Bloomberg and decided to share it and see what others thought about this. Do you believe we will be seeing a significant amount of foreclosures towards the end of the year?
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Hi Sabrina!
That is an interesting article and makes me wonder what the market will look like by the end of the year. Demand is insane all across the country, so I am curious if a wave of foreclosures actually helps stabilize supply. Out here in AZ we currently have about 2 weeks of inventory on the market, compared to 2 months of inventory at this time last year.
Is your market seeing the same demand as we are out west? Most listings are receiving 7-8 offers within a weekend in my market.