by Stig Bergquist | 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...
by Stig Bergquist | Oct 20, 2020 | Buyers & Sellers, Housing Market Updates
The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to...
by Stig Bergquist | Oct 19, 2020 | Buyers & Sellers, Housing Market Updates, Pricing
The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the...
by Stig Bergquist | Oct 15, 2020 | Demographics, Distressed Properties, Foreclosures, Housing Market Updates
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time,...
by Stig Bergquist | Oct 14, 2020 | Buyers & Sellers, Housing Market Updates, New Construction, Pricing
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of the pandemic, the only...
![Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]](https://www.stigbergquist.com/wp-content/uploads/sites/67/2020/10/Rising-Home-Equity-Can-Power-Your-Next-Move-INFOGRAPHIC-1046x675.jpg)
by Stig Bergquist | Oct 2, 2020 | Buyers & Sellers, Housing Market Updates, Infographic, Move-Up Buyers
Some Highlights According to CoreLogic, homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your house and begin looking for your...
