by Barbara Corregano | May 12, 2022 | Distressed Properties, Foreclosures, Housing Market Updates
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...
by Barbara Corregano | Jan 6, 2022 | Foreclosures, Housing Market Updates
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market...
by Barbara Corregano | Nov 4, 2021 | Distressed Properties, Foreclosures, Housing Market Updates
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble...
by Barbara Corregano | Jul 28, 2021 | Foreclosures, Housing Market Updates, Pricing
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble...
by Barbara Corregano | Jun 9, 2021 | Foreclosures, Home Buying, Homebuilding, Millennial home
The housing supply is currently at its lowest level since the 1970s. Goldman Sachs said the shortage could last for years due to millennial home buying and fewer starts. There also won’t be enough foreclosures to make a meaningful impact on the market, the bank says....
by Barbara Corregano | Apr 12, 2021 | Foreclosures, Housing Market Updates
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are...
