Foreclosure starts are rising in North Texas, but an expert says the housing market is still strong
https://dentonrc.com/news/housing_and_real_estate/foreclosure-starts-are-rising-in-north-texas-but-an-expert-says-the-housing-market-is/article_e3d1b34b-a9f5-4a6a-b6e0-b0e974bf9e05.html
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Inucune@lemmy.world · 2 pts · 11d
Of course foreclosures make the market strong... Free money for the banks. They keep the money they already collected and get to sell the property again, probably to blackrock.