BY BRAD BECKETT ON AUGUST 12, 2020
Are we about to face a surge in foreclosures next year resulting from delinquencies brought on by the Coronavirus pandemic? On a recent episode of Real Estate News for Investors, Kathy Fettke takes a look at a recent report from ATTOM Data that is forecasting a dramatic rise in foreclosures by Q2 of 2021. Click here to read more.
She does however, point out that there are a number of unknown variables that may help or hinder this potential deluge – including Congressional action (or inaction), high unemployment numbers as well as a presidential election this Fall. Indeed…
“We still have several months of uncertainty ahead of us that includes a presidential election, but the foreclosure situation is something that real estate investors should keep on their radar.”