by Stig Bergquist | Jan 9, 2025 | Agent Value, For Sellers, Foreclosures
When financial challenges arise, homeowners can face the daunting prospect of missing mortgage payments or even losing their homes to foreclosure. Thankfully, mortgage forbearance provides a valuable option for those experiencing temporary hardship. This article...
by Stig Bergquist | Nov 25, 2024 | Equity, Foreclosures, Mortgage Rates
As the housing market continues to evolve, a common concern among potential buyers and analysts is the rapid rise in mortgage debt. With home prices reaching new heights and interest rates climbing, it’s easy to draw comparisons to the pre-2008 housing crisis....
by Stig Bergquist | Oct 24, 2024 | Economy, Foreclosures
With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments,...
by Stig Bergquist | Aug 2, 2024 | Foreclosures, Infographic, Inventory
Some Highlights Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the...
by Stig Bergquist | Jul 23, 2024 | Forecasts, Foreclosures
Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage...
by Stig Bergquist | Jul 8, 2024 | Economy, Foreclosures, Inventory
Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are different...