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3 Reasons We’re Definitely Not in a Housing Bubble

3 Reasons We’re Definitely Not in a Housing Bubble

by Barbara Corregano | Feb 9, 2021 | Buyers & Sellers, Distressed Properties, Foreclosures

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three...
Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

by Barbara Corregano | Jan 13, 2021 | Buyers & Sellers, Distressed Properties, Housing Market Updates

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are...
Chances of Another Foreclosure Crisis? “About Zero Percent.”

Chances of Another Foreclosure Crisis? “About Zero Percent.”

by Barbara Corregano | Nov 18, 2020 | Distressed Properties, Foreclosures, Housing Market Updates, Sellers

There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During...
Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis

Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis

by Barbara Corregano | Nov 5, 2020 | Distressed Properties, Foreclosures, Housing Market Updates, Sellers

As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality is, plans have been put in...
Why Today’s Options Will Save Homeowners from Foreclosure

Why Today’s Options Will Save Homeowners from Foreclosure

by Barbara Corregano | Oct 21, 2020 | Distressed Properties, Foreclosures, Housing Market Updates

Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally...
Forbearance Numbers Are Lower than Expected

Forbearance Numbers Are Lower than Expected

by Barbara Corregano | Aug 20, 2020 | Distressed Properties, Foreclosures, Housing Market Updates

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the...
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