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Forbearance Numbers Are Lower than Expected

By |2020-08-20T03:00:21-07:00August 20th, 2020|Categories: Distressed Properties, Foreclosures, Housing Market Updates, Real Estate|

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. [...]

Why Foreclosures Won’t Crush the Housing Market Next Year

By |2020-08-12T03:00:37-07:00August 12th, 2020|Categories: Distressed Properties, Foreclosures, Housing Market Updates, Real Estate|

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of [...]

The Foreclosure Crisis: 10 Years Later

By |2020-05-15T13:37:06-07:00March 23rd, 2017|Categories: Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Real Estate|

CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day.With a peak in 2010 when nearly 1.2 million homes were foreclosed on, over 7.7 million families lost their homes throughout the entire foreclosure [...]

Sales of Distressed Properties Hit New Low

By |2016-10-24T10:00:24-07:00October 24th, 2016|Categories: Distressed Properties, For Sellers, Real Estate|

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking distressed sales in October 2008.Below is a graph that shows just how far [...]