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Why Pending Foreclosure Wave Won’t Be Like the Last One

Posted on September 10th, 2020

There is little doubt that the COVID-19 pandemic will give rise to more foreclosures, but industry professionals predict conditions won’t be nearly as bad as they were in 2008-2010, for a few reasons. A prominent housing analyst told to expect hundreds of thousands of defaults next year as mortgage forbearance periods end.

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Aspen General Contractors, Inc

1865 Hicks Rd
Suite A
Rolling Meadows, IL 60008
(708) 579-0600
(708) 354-5008