Recent HOME BUYERS Facing FORECLOSURE | The HOUSING MARKET Turmoil Continues | SILVER TSUNAMI!

Recent HOME BUYERS Facing FORECLOSURE | The HOUSING MARKET Turmoil Continues | SILVER TSUNAMI!

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Recent Homeowners were promised by many housing industry professionals that they could simply refinance their high rate mortgages in a year or less. That is not looking likely, and now a subset of recent buyers say they will be facing FORECLOSURE if they can not refinance soon.

#realestatenews #floridarealestate #housingmarket

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Meanwhile, Boomers simultaneously overtake millennials as the largest purchasers of homes and the largest portion of the homeless population! They media has dubbed it the SILVER TSUNAMI!

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Article Links:
1- https://money.usnews.com/loans/mortgages/articles/2023-mortgage-refinance-survey
2- https://finance.yahoo.com/news/unconscionable-baby-boomers-becoming-homeless-103000310.html
3- https://www.redfin.com/news/housing-market-update-monthly-mortgage-payments-record-high/
4- https://www.bloomberg.com/news/articles/2023-09-25/only-richest-20-of-americans-still-have-excess-pandemic-savings#xj4y7vzkg

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