In the past, foreclosed properties were a significant component of the real estate market, offering opportunities for investors and first-time homebuyers alike. However, in recent years, the availability of these assets has dwindled, a trend closely tied to the broader economic landscape, particularly rising mortgage rates and inflation. This article explores the underlying factors contributing to the scarcity of foreclosed assets and the broader implications for the housing market.
Mortgage rates have been on the rise, largely driven by the Federal Reserve's efforts . . .
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