Here’s a look at the health of our market and the effects of forbearance.

I’ve been hearing a lot of talk about a recession, a crash, or a repeat of 2006. Is something major going to happen to our economy? I’ve been gathering a lot of information, and I’m excited to share it with you today to give you a better understanding of where the market is headed.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to skip to topics that interest you most:

1:00 — A closer look at the forbearance moratorium and what effect that might have

2:50 — Why we’re seeing an increase in duplexes and fourplexes on the market

4:00 — What is the definition of forbearance, and how many people actually took advantage of it?

5:40 — How smaller banks and bigger banks are handling this situation differently

8:15 — A recent survey revealed a significant decline in loan forbearance

9:25 — A big difference between today’s loans and the loans of 2006

10:45 — Another big difference: A change in lending guidelines

11:40 — Wrapping things up

I hope this deep dive helps you. If you have any questions about anything I discussed in today’s video, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.