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

 
Bloody Peasant!
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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.





Last Edited by Bloody Peasant! on 07/02/2021 09:04 PM
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

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07/02/2021 09:02 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Please
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07/02/2021 09:03 PM
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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.
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07/02/2021 09:04 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Ju-My 31st, gonna be a kaike of a good time for those stealing bastages.
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07/02/2021 09:05 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
Bloody Peasant!  (OP)
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Please
 Quoting: Anonymous Coward 73361765


Even though I own a home, I have no intention on selling and I would welcome a huge reduction in prices. Things have gotten out of hand.
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

Bloody Peasant
Bloody Peasant!  (OP)
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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


Wut
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

Bloody Peasant
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07/02/2021 09:06 PM
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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
Anonymous Coward
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07/02/2021 09:06 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
California extended it already
Prolly WA and OR to follow
Bloody Peasant!  (OP)
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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.
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

Bloody Peasant
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07/02/2021 09:07 PM
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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
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07/02/2021 09:08 PM
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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!


It's already been announced in CA and I'm sure the feds will follow with a similar nation-wide policy.

[link to www.theblaze.com (secure)]
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07/02/2021 09:10 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Pfft. Nooooo
They will just become free
You should have got the free house when you could
Now you might have to pay
And no evictions either
Bloody Peasant!  (OP)
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07/02/2021 09:10 PM

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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!


It's already been announced in CA and I'm sure the feds will follow with a similar nation-wide policy.

[link to www.theblaze.com (secure)]
 Quoting: Anonymous Coward 77844123


Cali is supposedly funding it themselves with leftover covid relief funds.
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

Bloody Peasant
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07/02/2021 09:10 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Deja vu?
Bloody Peasant!  (OP)
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07/02/2021 09:12 PM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Deja vu?
 Quoting: JonathanTaylorTitor


Exactly what I was thinking
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

Bloody Peasant
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07/02/2021 09:13 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
California extended it already
Prolly WA and OR to follow
 Quoting: Anonymous Coward 73258119


Everything is extended and free for party time USA and Canada and all big reech colonies

And paw paw colonies of Asia will be da pawest steel

All party (or pawty) gonna stay and be reech from free money and life for free,

I still tell you, get free house and free life now while you can

Leave the basement bunker hole in the ground and come out

Dee wetha is noiiice
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07/02/2021 09:14 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
BlackRock is going to scoop up these homes and rent them back at higher rents than the mortgage payment.

Just like 2008.

Trump handed them the keys to treasury during the scamdemic.

Anonymous Coward
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07/02/2021 09:14 PM
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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!


It's already been announced in CA and I'm sure the feds will follow with a similar nation-wide policy.

[link to www.theblaze.com (secure)]
 Quoting: Anonymous Coward 77844123


Do you even understand what you read?

It says they will use the funds they have to pay the landlords, but it says they are slow to disburse the money. Of the 490 billion they paid 32 million for may.

So yeah, they might get around to paying the landlords the back due money, but if they don’t, and the bank comes. Guess what?

Not only this but they have said NOTHING about going forward. if you’re 3 months behind, I bet next month is trouble too..
Anonymous Coward
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07/02/2021 09:15 PM
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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


THESE 5TH COLUMNIST TRAITORS NEED TO HAVE THEIR ASSETS LIQUIDATED, HANDED OVER TO WE THE PEOPLE AND GET DEPORTED BACK TO ISRAEL

EVERYTHING IN ITS RIGHT PLACE ... EVERYTHING AND EVERYONE

NO ONE WANTS THESE CREATOR HATING VERMIN IN THEIR COUNTRIES

GET THEM OUT LEST YOUR COUNTRY BE DESTROYED BY CREATOR

CREATOR IS ANGRY AND THESE VERMIN ARE HIS ENEMIES

EVERYONE HATES YOU DEGENERACY PUSHING REPROBATES, SOOOOOOO JUSTIFIABLY

SHAME SHAME SHAME

NAME AND BLAME

STRIKE THE ROOT

FINAL SOLUTION
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07/02/2021 09:16 PM
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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


MUH TDS!
Anonymous Coward
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07/02/2021 09:17 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Those that don't believe that the Democrats will allow people to be evicted are in for a shock. Have you guys fucking forgotten that the powers are pushing for the great reset?

What don't you understand about you will own nothing. So yes they will allow the owners to be foreclosed on and people to be evicted. The top 1% will come in then and snatch up all of that property for alot cheaper than they are doing it now, but in the end they will own almost everything.
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07/02/2021 09:19 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
BlackRock is going to scoop up these homes and rent them back at higher rents than the mortgage payment.

Just like 2008.

Trump handed them the keys to treasury during the scamdemic.


 Quoting: Anonymous Coward 80559207


GONNA BE FUNNY TO SEE THEM TRY AND GET AWAY WITH THAT

NAMES OF EXECS AND BOARD MEMEBERS PLEAS

ENEMIES OF CREATOR ARE NOT TO BE TOLERATED ANYWHERE

GET THEE TO ISRAEL, YOU DEGENERATE REPROBBATES

CURSES AND CURSES UPON YOU

ALL WHO CURSE YOU, MAKE CREATOR SMILE
Anonymous Coward
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07/02/2021 09:25 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
you got rent money???

i got pimp money.
Anonymous Coward
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07/02/2021 09:27 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
BlackRock is going to scoop up these homes and rent them back at higher rents than the mortgage payment.

Just like 2008.

Trump handed them the keys to treasury during the scamdemic.


 Quoting: Anonymous Coward 80559207


GONNA BE FUNNY TO SEE THEM TRY AND GET AWAY WITH THAT

NAMES OF EXECS AND BOARD MEMEBERS PLEAS

ENEMIES OF CREATOR ARE NOT TO BE TOLERATED ANYWHERE

GET THEE TO ISRAEL, YOU DEGENERATE REPROBBATES

CURSES AND CURSES UPON YOU

ALL WHO CURSE YOU, MAKE CREATOR SMILE
 Quoting: Anonymous Coward 80559039

clappa

allah akbar
Duncan the destroyer

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07/02/2021 09:27 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
They will extend it just before the last day
Duncan the destroyer
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07/02/2021 09:30 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Up to 11 million homes will be coming on the market over the next few years. Biden will be blamed for it, even though it wasn't him who started the whole mess. That is why they are trying so hard to postpone it until 2024, but it ain't happening.
Bloody Peasant!  (OP)
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07/02/2021 09:50 PM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
BlackRock is going to scoop up these homes and rent them back at higher rents than the mortgage payment.

Just like 2008.

Trump handed them the keys to treasury during the scamdemic.


 Quoting: Anonymous Coward 80559207


This looks at the actual numbers of homes owned by Blackrock et al. It's not as much as you think


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

Bloody Peasant
Anonymous Coward
User ID: 80559207
07/02/2021 10:04 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
BlackRock is going to scoop up these homes and rent them back at higher rents than the mortgage payment.

Just like 2008.

Trump handed them the keys to treasury during the scamdemic.


 Quoting: Anonymous Coward 80559207


This looks at the actual numbers of homes owned by Blackrock et al. It's not as much as you think


 Quoting: Bloody Peasant!


Interesting.
Thanks for the video.
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07/02/2021 10:07 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.
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07/02/2021 10:13 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!


They'll just extend it. Ignoramus Janet Yellen is now at Treasury and Powell has been corrupted. The amount of bailouts we'll see will dwarf anything ever imagined before.





GLP