by hjadmin | Aug 20, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
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...
by hjadmin | Aug 19, 2020 | For Buyers, Housing Market Updates
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this...
by hjadmin | Aug 18, 2020 | For Buyers, For Sellers, Housing Market Updates
In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential...
by hjadmin | Aug 17, 2020 | For Buyers, For Sellers, Housing Market Updates
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it...
by hjadmin | Aug 12, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
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...
by hjadmin | Aug 10, 2020 | For Buyers, For Sellers, Housing Market Updates
Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report...