Lender · Rocklin, CA · Member since 2016 · 43 posts · 16 votes
My personal opinion on the subject is I think it's way too soon to jump on the bandwagon and assume that there will be a surge in vacant houses. No there yet!
I think what the masses are aserting is many people will start to fall into foreclosure due to their inability to make their mortgage payments. As a result, there will be a surge of vacant houses on the market, supposedly. I am on the fence about it. I am also hoping it doesn't happen. I don't want to see anyone profit at the expense of someone eles's loss, especially their home they put so much loving care into!