In my zip code, small town 20K ? people, Zillow shows 122 listings for sale, and 252 in Pre-Foreclosure. PLUS 29 Foreclosed. That’s 281 in limbo
And ONLY, ONLY 8 are foreclosed and finally bank owned ready for sale. Many people have not paid mtg and taxes 4-5 years before they leave the premises.
BANKS are delaying stonewalling taking possession etc to avoid flooding the for sale market. The Banks are in the welfare business. Humanitarian agendas.