If You Purchased A Home in 2022, You Could Be Underwater - Housing Bubble 2.0 - Housing Crash

If You Purchased A Home in 2022, You Could Be Underwater - Housing Bubble 2.0 - Housing Crash

Interest Rates Rose. Insurance Premiums Increased. Property Taxes Will Continue to Go Up. Home Prices are unaffordable and now we have Homeowners who recently purchased their properties back in 2022 that are actually Underwater with their Mortgage. You may ask "What Does Underwater Really Mean"? When a home is underwater, the mortgage is worth more than the actual property value. If you need to sell, add closing costs and commission to the equation and the numbers simply do not add up. This is what happens when Buyers acquire at the peak of the Housing Market, with low down payment lending programs, just as the Housing Market is turning in the opposite direction. It will only get worse.

This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.

Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2023 and Beyond.

Today is April12th 2023 and Randy will discuss the following topics:

2022 Home Purchases Already Underwater

Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.

For a Free Trial click on the link below:

https://www.foreclosure.com/?rsp=3325

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Housing Bubble 2.0
@HousingBubble2

I will conduct live Q&A sessions and other Real Estate related discussions.

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Connect with me to find out more about how I can help you in Real Estate.

I offer:

Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
Real Estate Education Products & Services
Market Research & Consulting
Multi-Family & Other Commercial Assets
Build To Rent & Build To Flip Investments

I can be reached at:

Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com

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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:

www.HousingBubble2.com

If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com