I wonder how much of this is related to the eviction moratorium. Anecdotally, my wife has a house that had a tenant in it. She was planning on selling it last year, but she had a hard time getting the tenant out. His lease had expired, and he also hadn't paid rent. He thought that the moratorium should cover him even though his lease had expired for several months. She only recently got him to move out, and she put the house up for sale right away. I bet there are more sellers than her in this situation.
I suspect that once the moratorium is up, there will be a lot of landlords looking to sell. They've been not getting rent for a long time, and they may have to sell in order to get out of the hole they're in. Many still have mortgages, but they will have a hard time collecting a year worth of rent. But the bank won't have the same problem foreclosing.
I suspect that once the moratorium is up, there will be a lot of landlords looking to sell. They've been not getting rent for a long time, and they may have to sell in order to get out of the hole they're in. Many still have mortgages, but they will have a hard time collecting a year worth of rent. But the bank won't have the same problem foreclosing.