The 2008 Foreclosure Disaster Taught Me This About Buying

What You'll Learn: What the foreclosure flood actually looked like on the St. George MLS How "cash for keys" worked and why those conversations got real Why personal responsibility is the only reliable exit strategy The biggest investing lesson from the downturn Rent vs buy tradeoffs: stability, control, equity, mortgage interest Why St. George stays resilient (second-home demand, inbound migration) Current market reality: demand, multiple offers, and selective reductions What "waiting for a crash" actually costs you Why Foreclosures Don't Exist Today: Tight lending standards. Massive equity cushions. Strong employment. High demand. The conditions that created 2008 don't exist anymore. If you're waiting for foreclosures to flood the market again, you're waiting for something that's structurally impossible. If you're waiting for a "crash" to buy in St. George, this episode will make you rethink what you're actually waiting for. The best time to buy was 2010. The second best time is when it makes sense for YOUR life. Have other questions about living in, moving to, or visiting St. George and Southern Utah? Just ask! P. 435-291-5443 E. [email protected] Web: www.GoStGeorge.com Insta:   / larkingroup   FB:   / stgeorgeexperts   🌟 Who? Jeremy Larkin was born and raised in St. George, Utah and is the owner of The Larkin Group Real Estate Advisors. 📍 Where? Washington and Iron County, Utah, including, but not limited to St. George, Washington City, Ivins, Santa Clara, Hurricane, LaVerkin, Toquerville, Cedar City and Parowan. 💈 What? Jeremy and his team of expert advisors at The Larkin Group walk the best clients in the world through the brain surgery of Buying, Selling and Investing Southern Utah Real Estate! And perhaps more importantly, they LOVE this community and pouring their heart and soul into it! 📻 Tune in! Jeremy is the host of The "St. George Real Estate Morning" Drive radio show 94.9 FM / 890 AM. You can stream the weekly program Thursdays at 8:35 AM here: https://tinyurl.com/radiorealestate 🙏 Give: The St. George Basket Brigade feeds 200+ families every Thanksgiving and supports local families, students and schools through organizations like Tan's Treats. Learn more and give at http://stgeorgebasketbrigade.org/ 🔍 SEARCH ALL HOMES AND LAND in Washington County https://www.gostgeorge.com/ 🔗 CHECK YOUR CURRENT HOME EQUITY @ https://www.gostgeorge.com/homevalue [00:00:00] The iPhone 911 Alert Scare [00:04:24] How Many Shows Have We Done [00:06:08] The Foreclosure Era In St. George [00:11:36] Cash For Keys And Tough Reality [00:14:05] Accountability And Owning Your Choices [00:17:47] Market Cycles Rent Vs Buy Today