Will a housing price crash occur when homes can be foreclosed upon again?
Sean O’Toole of PropertyRadar.com and I compare 2007’s housing crash with 2021’s health crisis-related recession.
“Home prices never go down.” That’s what many people said in 2005! Wrong.
Learn the housing differences between the last recession and the current one: lending standards, housing supply, regulatory change, construction labor force, construction supply disruptions, household formation.
Sean tells why we will not have a big dump of housing supply on this market anytime soon.
There will still be some delinquent homeowners after the forbearance period ends.
The Biden Administration plans to work with borrowers that have federally-backed mortgage companies and provide them with repayment plans.
Prediction from Sean: mortgage rates will dip below 2%.
New Construction Turnkey Property:
Ali Boone’s Recommended Book:
EQRPs: text “EQRP” in ALL CAPS to 72000 or:
By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Best Financial Education:
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
Top Properties & Providers:
Follow us on Instagram:
Keith’s personal Instagram:
If you can never get enough true crime... Congratulations, you’ve found your people.
We’re at our most vulnerable when we go to our doctors. We trust the person at the other end of that scalpel. We trust the hospital. We trust the system. Christopher Duntsch was a neurosurgeon who radiated confidence. He claimed he was the best in Dallas. If you had back pain, and had tried everything else, Dr. Duntsch could give you the spine surgery that would take your pain away. But soon his patients started to experience complications, and the system failed to protect them. Which begs the question: who - or what - is that system meant to protect? From Wondery, the network behind the hit podcast Dirty John, DR. DEATH is a story about a charming surgeon, 33 patients and a spineless system. Reported and hosted by Laura Beil.
This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro. Twenty minutes a day, five days a week, ready by 6 a.m.