Job Losses hit harder by the mid 90’s and there were more FC’s by then because of the combo of some being underwater AND others just couldn’t afford to hang on…
For the comments like:
“getting loans is very difficult even for the best credit scores” That’s ABSOLUTE IGNORANT POPPYCOCK.
A decent credit score is entree to a world of easy lending.
If you qualify, there are billions of dollars available, with 0%-3% down still available, and not only to the “best” credit scores.
Stated income loans are still available too.