Will There Be a Wave of Foreclosures?
Nicole Smith Woodard
Residential Real Estate Specialist - Flower Mound, TX & Surrounding Areas
Due to the coming end of the forbearance program, I’ve been getting asked a lot whether this will trigger a wave of foreclosures similar to what we saw happen in 2008. The simple answer is no. We won’t see that kind of housing crisis happen because today’s marketplace is completely different from 2008. To learn about the four reasons why the end of the forbearance program is not going to cause a wave of foreclosures in our market, watch this short video.