The real estate industry, particularly in the realm of foreclosed assets, is experiencing significant shifts. For years, contractors who serviced foreclosed properties enjoyed a steady stream of work, driven by economic downturns, housing crises, and fluctuating interest rates. However, as 2024 unfolds, it’s becoming clear that the volume of foreclosed assets requiring maintenance will not increase substantially.
The Shrinking Foreclosure Market
Recent trends indicate that the foreclosure market is stabilizing. While there may be sporadic spikes due to localized economic conditions or policy changes, the overall . . .
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