Why a Foreclosure Wave Isn’t on the Horizon

Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets.

Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets.
Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think.
Have you ever wondered how long you might have to wait after Bankruptcy, Foreclosure, or Short Sale before you can purchase your new home? Check out the chart and see how long a lender will require you to wait before you can borrow again. Link to the PDF here: http://sunshineguru.com/wp-content/uploads/2013/11/Derog-Credit-Chart-Fisher-Darrow.pdf Interestingly, I recently had a…
Buying a home has powerful financial and non-financial benefits.
Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes…
Spring is the busiest season in the housing market.
Buyer traffic in September appears to have worsened as the index of Realtor Activity slid further to its lowest point since last December. Even the investor demand that has carried the market recently appeared to fizzle, judging by the comments from agents, while traditional buyers remain frozen by a lack of confidence and inability to…