Make sure your sitting down when you read this…. I just read that we have over 4 Million homes at least 1 month delinquent on their mortgage. That is a large number but until you have this next piece of data you probably are thinking I am crazy for claiming it is the scariest number.
Guess how many homes we have listed for sale right now across America??? Well, we only have 3.9M homes for sale.
How does that feel? We have 4 Million delinquent homes and only 3.9M homes for sale.
Guess what happens when supply goes up and demand goes down ….
This is going to be interesting
Good investing
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