u/TJForeclosure

Really interesting interview about default, FHA, vacancy, inventory surplus myth, foreclosures, and the ‘Silver tsunami’! It’s WILD! Do you think Meledy Wright is correct about the housing market?

I’m currently trying to sell my Parent house in south east Florida and having trouble since we listed in January. Seems like a lot of people listed at the same time and the market has been completely frozen since the end February.

It feels like we’re in a bidding war to lower prices between all of the listings in the neighborhood. Given it has a high HOA, seems like people just stopped buying and inventory seems to be stacking quickly in this area..

It almost seems like default and distress assets are the only play in this market. Where do you think we’re heading this summer?