How many people were foreclosed on in 2008?
More than 860,000 families had their home foreclosed in 2008. Additionally, between 1980 and 1985 foreclosures spiked by almost 300%. U.S. foreclosures dropped to a 12-year low in 2017, according to Attom Data Solutions.
Is the housinghot?
The housingis hot. Prices are up, inventory is down, and the is active. Many people are starting to become cautious of a “ bubble.”. The past has revealed many red flags that would indicate a market may very well crash.
Will the Trump tax bill affect the real estate market?
Legislation may also weigh in on the real estate market. In fact, many critics of the Trump Plan has predicted that the real estate market will be negatively effected. Proponents claim a real estate boom will be the outcome of the legislation. The recently enacted Trump tax bill includes many benefits for real estate investors.
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