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Marty Morua
Marty Morua

More #RealEstate updates - The East Coast (of USA) markets are MOST vulnerable to the #Economic impacts of #COVID19

Real Estate Markets on the #EastCoast and in Northern #Illinois were most vulnerable to the effects of the #CoronaVirus pandemic during the 2nd quarter.

Markets are considered more or less at risk based on the percentage of #homes currently facing possible foreclosure (the portion of homes with mortgage balances that exceed the estimated property value) AND the percentage of local wages required to pay for major home ownership expenses.

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