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4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

By |2021-07-28T03:00:29-07:00July 28th, 2021|Categories: Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Real Estate, Short Sales|

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 this time After the last housing crash, about 9.3 [...]

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

By |2021-01-13T04:00:43-07:00January 13th, 2021|Categories: Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Real Estate, Short Sales|

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 actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay [...]