This situation is turning into the worst economic scenario since the 1930’s. There’s virtually no reason to believe things will improve for at least another year or two. And evey reason to believe things will get worse! Much worse. All records are being broken right now. SD County foreclosures are near to 2000 a month. They barely got to 700 in the 1990’s. And shadow inventory is a heated topic here. Those old ratio’s seem all too likely to return.
