Wednesday, November 29, 2023 | The Latest Buzz for the Appraisal Industry

‘Foreclosure Tsunami’ Fears Might be Faulty—Here’s Why

Foreclosures will still happen, but, consider the two-step foreclosure process to understand why this recession is different.  As COVID-19 swept America, economic activity declined, and the unemployment rate spiked to 14.4 percent in April (and remains elevated today), some pundits predicted that up to 30% of homeowners would require forbearance, ultimately leading to a “foreclosure …

The post ‘Foreclosure Tsunami’ Fears Might be Faulty—Here’s Why appeared first on DSNews.

This post was originally published on this site

Mark Buhler

The Surfing Appraiser

Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of

Read More »
Timothy Andersen, MAI, MSc., CDEI, MNAA

“Naked, Unarmed, and Alone?”

Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my

Read More »