Pay on time for several months and your credit score will spike. 

https://www.seattletimes.com/business/real-estate/market-shift-big-spike-in-seattle-area-homes-for-sale-slows-price-growth/

Keep your cash, because, the economic opportunity is coming unless we see another stimulus package that is clearly geared towards mortgage payments.Kenneth,While I agree there will be an over all spike in foreclosures..

.; the devil's in the details and I don't believe we currently have the same drivers in the current housing market that fueled the last real estate crash (high sub-prime lending rates and IMHO more importantly, variable rate loans with 5 year teaser rates; in the last crash prices fell due to the spike in foreclosures, and foreclosures were driven by sub-prime adjustable rate loans adjusting).  

I'd expect to see a spike in all LCOL areas in the US.

I will add, however, that the migration numbers do not reflect the spike in investment money coming into these other markets from the West Coast. 

I went there recently and saw an enormous spike in homelessness.  

(Literally seeing red happens because of a blood pressure spike.)  

I think that as long rental rates are less volatile than housing, and you dont see outside forces influence rates and big spikes in prices, I see no issue in companies owning large amounts of rentals

Forbearance opportunities will mute the spike in foreclosures.