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Forbearance Numbers Are Lower than Expected

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...

Just How Strong Is the Housing Recovery?

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...

Sellers Are Returning to the Housing Market

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...

The Beginning of an Economic Recovery

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...

Why Foreclosures Won’t Crush the Housing Market Next Year

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...

The Latest Unemployment Report: Slow and Steady Improvement

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...
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