Barb Schlinker The Real Estate Voice

Will the Foreclosure Moratorium Affect This Real Estate Market

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Sinopsis

Will the Foreclosure Moratorium Affect This Real Estate MarketSegment 2Will the Foreclosure Moratorium Affect this Real Estate Market?Barb, in the last segment you covered that over $2 million mortgage borrowers are seriously delinquent – 90 days late.  How will this affect our red hot real estate market?Inventory:  Active Listings down by 52.1%, 878 Homes!El Paso Teller and Elbert Counties 1/3 what we Normally HaveHome values have increase by 24.9% in just 1 year!If someone needs to sell due to not being able to make up payments…Good News!  They have EQUITY!Forbearance Facts:At the beginning 7 Million in Forbearance …now 2.1 MillionI’M CAUTIOUSLY OPTIMISTIC:Yes – Harder to get a mortgageMarket Fundamentals are Stronger Than Many MarketsSome are not as optimistic because of higher prices:Appreciation since Covid pushing 30%If you are thinking of making a move and would likePlus we are offering a Free Report entitled the : How to Get the Price You Want and NeedVisit www.BarbHasTheBuyers.comClick on the GREEN B