by Troy Jones | Nov 25, 2024 | Equity, Foreclosures, Mortgage Rates
One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble, where many homeowners owed more than their homes were worth, today’s homeowners have far more equity than...
by Troy Jones | Oct 24, 2024 | Economy, Foreclosures
With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments,...
by Troy Jones | Aug 2, 2024 | Foreclosures, Infographics, Inventory
Some HighlightsBack in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.Existing homes, new homes, and foreclosures are all way below the levels we saw during the...
by Troy Jones | Jul 23, 2024 | Forecasts, Foreclosures
Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage...
by Troy Jones | Jul 8, 2024 | Economy, Foreclosures, Inventory
Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are...
by Troy Jones | Apr 24, 2024 | Foreclosures
If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up. And that may leave you feeling a bit worried about what’s ahead, especially if you owned a home during...
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