by Troy Jones | Feb 9, 2021 | Buying Myths, Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Pricing, Selling Myths
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three...
by Troy Jones | Jan 27, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where...
by Troy Jones | Jan 21, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....
by Troy Jones | Jan 13, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are...
by Troy Jones | Dec 14, 2020 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating...
by Troy Jones | Nov 18, 2020 | Distressed Properties, For Sellers, Foreclosures, Housing Market Updates
There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During...
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