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Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS

 
Anonymous Coward
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07/02/2021 10:18 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
No, not really. Judges will throw out most foreclosure cases because it was State and Federal governments that shut down over 40 million lively hoods and destroyed millions of small businesses. Trump shut down the economy over a flu virus and people were thrown on the unemployment line . The banks and car companies will have to eat the losses.
 Quoting: Anonymous Coward 80039226


DemonRat governors and mayors shut down state & local economies.
442

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07/02/2021 10:22 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
They have to end it sooner or later
Nonsense can't continue forever
Anonymous Coward
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07/02/2021 10:48 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Inventory is so low that 1.7 million homes won’t “flood the market”… 6 months of inventory is considered a balanced market and we’ve been rocking less than 2 months for some time..

Calm your tits.
Anonymous Coward
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07/02/2021 10:56 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
The market is fairly valued. If you have decent credit you can get a mortgage at 3% or less. That's free money. This won't end like 08'. You read it here first.
Anonymous Coward
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07/02/2021 10:58 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
The market is fairly valued. If you have decent credit you can get a mortgage at 3% or less. That's free money. This won't end like 08'. You read it here first.
 Quoting: Anonymous Coward 80025508


I'm a very busy Realtor in South Jersey. I'm so good I'm flipping houses for my buyers who had a mortgage contingencies.
kramcool

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07/02/2021 11:01 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
This is an interesting take I hadn't thought of on why the housing market is in trouble.

Synopsis below but the video is really good with supporting data included...


1.7 million homeowners are currently 90+ days past due. Foreclosure moratorium ends July 31st. This floods the market with foreclosure sales or home owners selling to get out of the loan. Almost all sellers will have equity due to the run up in the housing market so they will all stampede to the doors to sell first so they can cash out. The inventory increases, the prices will go down as these homeowners that need to sell now get desperate to unload their homes and avoid foreclosure. The bright side for them is that they will probably walk away with cash in their pocket as a reward for not paying their mortgage payments during the moratorium.




 Quoting: Bloody Peasant!


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Bloody Peasant!  (OP)

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07/02/2021 11:09 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
They have to end it sooner or later
Nonsense can't continue forever
 Quoting: 442


A wise man once said, "the market can remain irrational longer than you can stay solvent"

Or something like that.
This business will get out of control. It will get out of control and we'll be lucky to live through it.

-Admiral Josh Painter

The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia.

-Orwell

Bloody Peasant
Anonymous Coward
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07/02/2021 11:13 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
NOPE

THOSE HOOK NOSED RAT FACED BITCHES ARE NOT GOING TO BE FORECLOSING ON ANYONE....NO ONE

THEY BETTER NOT EVEN DARE TRY
 Quoting: Anonymous Coward 80559039


It will be the Sheriff throwing you out, you nazi SOB.
Anonymous Coward
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07/02/2021 11:13 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
No, not really. Judges will throw out most foreclosure cases because it was State and Federal governments that shut down over 40 million lively hoods and destroyed millions of small businesses. Trump shut down the economy over a flu virus and people were thrown on the unemployment line . The banks and car companies will have to eat the losses.
 Quoting: Anonymous Coward 80039226


DemonRat governors and mayors shut down state & local economies.
 Quoting: Anonymous Coward 44883436


Google Trumps AXIOS interview, he states within the first 3 minutes that it was HIS call to shut it all down. Take off the Trump rose colored glasses.
Anonymous Coward
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07/02/2021 11:15 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Excellent.

Time to evict losers
Anonymous Coward
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07/02/2021 11:26 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
I'll bet that a lot of these foreclosed homes end up in the hands of foreigners in return for national investment and in exchange for trade deals.
That's what it looks like from what I've put together.

Biden is trying to give amnesty to 9 million and he's encouraging more to apply for citizenship.
Anonymous Coward
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07/02/2021 11:28 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
I must admit:

I am not a brutal man.

So what does that distinguish me?
Beetlepumprr

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07/02/2021 11:48 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Excellent.

Time to evict losers
 Quoting: Anonymous Coward 78988871


YOUR SO GREAT!

ONE DAY YOUR HEART WILL PUT YOU BEGGING WHEN SHIT HAPPENS TO YOU.

ME, I LOVE MY FELLOW MAN, I'LL TAKE MY TIME AND HELP IF I CAN.
I HAVE DONE IT BEFORE.
I KNOW WHAT IT IS LIKE FOR SOME DECENT PPL TO BE HAMMERED BY A JACKED SYSTEM.
When the power of love overcomes the love of power the world will know peace. jimi

Believe nothing you hear and only half of what you see.

I'm just a product of insufficient modality.

Humans of Earth! I have come in peace. You need not fear me. I mean you no harm. However, it may be important to know that most of you will not survive the next 24 hours. And those of you who do survive will be enslaved and experimented on. You should in no way take any of this personally — it's just business!
Anonymous Coward
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07/03/2021 12:05 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Even when they kick their old tenants out those people have to live somewhere. It will just be musical chairs. Blackrock didn't just waste all that money on nothing.
StayCurious

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07/03/2021 12:27 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
"It's different this time..."

That's the one thing they say every time.

It's going to be for very different reasons than 2008, but the result will be the same. Massive debt bubble, pin, pop.
Anonymous Coward
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07/03/2021 12:43 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
It's going to end in a giant bailout for landlords and the tenants will get to stay. Mark my words. No way the Democrats will let millions of their voters get thrown to the streets during their administration.
 Quoting: Anonymous Coward 77844123


You really think they will bailout the landlords? I have my doubts, but they will bailout the banks. Landlords, unless they are big corporate ones, will get shafted first.
 Quoting: Bloody Peasant!


Who do you think the landlords are? You know the answer.
clutchy44

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07/03/2021 12:46 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
this is nothing more then trump's legacy


just look at all the mess he's left


and even though he's gone the damage he did is just being felt
 Quoting: Anonymous Coward 69762908


this is nothing more then trump's legacy


just look at all the mess he's left


and even though he's gone the damage he did is just being felt
 Quoting: Anonymous Coward 69762908


Trump isn’t responsible for any of this you dumb retard
Anonymous Coward
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07/03/2021 12:49 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
But by the grace of God go i...
Anonymous Coward
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07/03/2021 01:00 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
wypeepo problemas
Anonymous Coward
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07/03/2021 01:05 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Now we know what the fema camps are for
 Quoting: Anonymous Coward 80559110


1.7 million is an average year

there are about 2 million foreclosures a year, that's how the American scam slave economy works.

you get to be a slave AND have everything you worked for snatched away by lawyers and the courts, working for the banks

one in ten thousand people even know it, because it's not one of the things the media says is worth discussing, just worry about what Kim Kardashian is doing and Caitlyn Jenner and Democrats and Republicans
Southern man
User ID: 76769895
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07/03/2021 01:05 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
this is nothing more then trump's legacy


just look at all the mess he's left


and even though he's gone the damage he did is just being felt
 Quoting: Anonymous Coward 69762908


Wow your TDS is Strong but your intelligence ah not so much...
Anonymous Coward
User ID: 72529583
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07/03/2021 01:05 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Now we know what the fema camps are for
 Quoting: Anonymous Coward 80559110


1.7 million is an average year

there are about 2 million foreclosures a year, that's how the American scam slave economy works.

you get to be a slave AND have everything you worked for snatched away by lawyers and the courts, working for the banks

one in ten thousand people even know it, because it's not one of the things the media says is worth discussing, just worry about what Kim Kardashian is doing and Caitlyn Jenner and Democrats and Republicans
 Quoting: Anonymous Coward 72529583


yeah just worry about your football team, and your fucking basketball team, don't think about your neighbors dying in the street
Anonymous Coward
User ID: 72529583
United States
07/03/2021 01:06 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Now we know what the fema camps are for
 Quoting: Anonymous Coward 80559110


1.7 million is an average year

there are about 2 million foreclosures a year, that's how the American scam slave economy works.

you get to be a slave AND have everything you worked for snatched away by lawyers and the courts, working for the banks

one in ten thousand people even know it, because it's not one of the things the media says is worth discussing, just worry about what Kim Kardashian is doing and Caitlyn Jenner and Democrats and Republicans
 Quoting: Anonymous Coward 72529583


yeah just worry about your football team, and your fucking basketball team, don't think about your neighbors dying in the street
 Quoting: Anonymous Coward 72529583


if you get vaxxed so you can go blow thousands on football and NBA games , when there's godamn people dying in the streets, you deserve it
Southern man
User ID: 76769895
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07/03/2021 01:09 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
No, not really. Judges will throw out most foreclosure cases because it was State and Federal governments that shut down over 40 million lively hoods and destroyed millions of small businesses. Trump shut down the economy over a flu virus and people were thrown on the unemployment line . The banks and car companies will have to eat the losses.
 Quoting: Anonymous Coward 80039226


DemonRat governors and mayors shut down state & local economies.
 Quoting: Anonymous Coward 44883436


Google Trumps AXIOS interview, he states within the first 3 minutes that it was HIS call to shut it all down. Take off the Trump rose colored glasses.
 Quoting: Anonymous Coward 80039226


Trump left it to the Governors of each state I live in a red state we did not shut down all is good here it was the Demonrat Gov's trying to shut down Trumps economy.
Southern man
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07/03/2021 01:11 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
OH and dont forget it was the PdoJoe Admin and Dr Falsie who brought Covid here to steal an election with mail in voter fraud...remember no Covid No Pdo joe as an embarrassment to the USA
Anonymous Coward
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07/03/2021 01:15 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
I doubt it will end on the 31st. Mark my words, a couple days out, they're going to punt it into the fall or somewhere way past this summer. And private property owners are going to take it in the arse yet again, with a handful of sand for lube.
Anonymous Coward
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07/03/2021 01:15 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
The market is fairly valued. If you have decent credit you can get a mortgage at 3% or less. That's free money. This won't end like 08'. You read it here first.
 Quoting: Anonymous Coward 80025508


I'm a very busy Realtor in South Jersey. I'm so good I'm flipping houses for my buyers who had a mortgage contingencies.
 Quoting: Anonymous Coward 80025508


Behold the wishful thinkers

This bubble (housing market) without any help from the shits from blackrock or the federal government is already way overvalued.

It shall burst.

Sorry to break it to you.
SilverCyprus

User ID: 80394329
Canada
07/03/2021 01:17 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
BlackRock will buy it all
Anonymous Coward
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07/03/2021 01:20 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
It's the natural market,

It goes up, it goes down.

It's natural.


The problem is how it's going to be used.(The Crash)

It will be used to usher in the "new deal"
Anonymous Coward
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07/03/2021 01:21 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
They will just keep printing money. You will own nothing and you will be happy.





GLP