Why Today’s Foreclosure Numbers Won’t Trigger a Crash

With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market.

With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market.
Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t…
While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were…
If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you.
It’s like clockwork – something bad happens that could potentially affect the real estate market, and buyers think it’s their time to start snagging up homes for dimes on the dollar. Investors buyers make a good living buying up real estate for wholesale prices and they consistently make up a small segment of purchasers. Unfortunately,…
Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible.