by Chuck Norsch | Sep 8, 2021 | Distressed Properties, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time (see...
by Chuck Norsch | Jul 28, 2021 | Distressed Properties, Foreclosures, Housing Market Updates, Pricing, 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...
by Chuck Norsch | May 12, 2021 | Distressed Properties, For Sellers, Foreclosures, Housing Market Updates, Selling Myths
Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated a forbearance program to provide much-needed support. Unless they’re extended once again, some of these plans and the...
by Chuck Norsch | Apr 14, 2021 | Distressed Properties, 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 Chuck Norsch | Mar 10, 2021 | Distressed Properties, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year...
by Chuck Norsch | Feb 25, 2021 | Buying Myths, Distressed Properties, First Time Home Buyers, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Move-Up Buyers, New Construction, Selling Myths
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors...
