by Stig Bergquist | 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 Stig Bergquist | 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 Stig Bergquist | 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...
by Stig Bergquist | Feb 17, 2021 | Buyers & Sellers, Foreclosures
There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased...
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 27, 2021 | Buyers & Sellers, Foreclosures, Housing Market Updates
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where...
