January 2, 2019 rummy

In our previous posts, we have shown why we believe we are far from another housing crash in 2019. Here’s a few more reasons to put your mind at ease. 1. There are fewer foreclosures now than there were in 2006 A major challenge in 2006 was the number of foreclosures. There will always be foreclosures, but they spiked by over 100% prior to the crash. Foreclosures sold at a discount and, in many cases, lowered the values of adjacent homes. We are ending 2018 with foreclosures at historic pre-crash numbers -much fewer foreclosures than we ended 2006 with. 2….