Article by: Simplifying the MarketOriginally Published: February 9, 2023, 11:30 am67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data […]
Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market
Article by: Simplifying the Market™Originally Published: November 30, 2022, 11:00 amWith the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble […]
Why the Forbearance Program Changed the Housing Market
Article by: Simplifying the Market™Originally Published: August 8, 2022, 10:00 amWhen the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. […]
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market
Article by: Simplifying the Market™Originally Published: May 12, 2022, 10:00 amWhile you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the […]
There Won’t Be a Wave of Foreclosures in the Housing Market
Article by: Simplifying the Market™Originally Published: January 6, 2022, 11:00 amWhen mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures […]
Don’t Believe Everything You Read: The Truth Many Headlines Overlook
Article by: Simplifying the Market™Originally Published: November 23, 2021, 11:00 amThere are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the […]
Why a Wave of Foreclosures Is Not on the Way
Article by: Simplifying the Market™Originally Published: November 4, 2021, 10:00 amWith forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble […]
Understand Your Options To Avoid Foreclosure
Article by: Simplifying the Market™Originally Published: September 8, 2021, 10:00 amEven 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 graph below), that’s […]
4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures
Article by: Simplifying the Market™Originally Published: July 28, 2021, 10:00 amWith 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 […]
It’s Not Too Late To Apply For Forbearance
Article by: Simplifying the Market™Originally Published: May 12, 2021, 10:00 amOver 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 corresponding mortgage payment deferral options will […]