Warning: Housing Bubbles Tend to Burst. Here’s How Agents Can Prepare
The Close
MARCH 15, 2022
Like many others, I owned multiple properties and I was building custom homes on the side for big profits. As agents, we knew that 100%, no-document lending was wrong, but we didn’t know the consequences. It was like someone turned off Niagara Falls. Short sales and foreclosures quickly became the norm. I was fortunate.
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