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Updated over 3 years ago on . Most recent reply

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Aaron D Estes
  • Specialist
  • Salt Lake City, UT
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Is anyone worried about the upcoming foreclosures?

Aaron D Estes
  • Specialist
  • Salt Lake City, UT
Posted

Do you think that the government trying to keep foreclosure numbers down will keep the housing prices inflated or will this new crash be as bad or worse than 2008?

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Replied

It's not going to be like 2008.  2008 was mainly due to the sub-prime mortgages and variable interest loans that people couldn't afford once the rates adjusted

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