by Stig Bergquist | Nov 30, 2022 | Buyers & Sellers, Distressed Properties, Foreclosures
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early...
by Stig Bergquist | Aug 8, 2022 | Distressed Properties, Foreclosures, Housing Market Updates
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program...
by Stig Bergquist | 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 Stig Bergquist | 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 Stig Bergquist | 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...
by Stig Bergquist | 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...
