Foreclosures – Heart and Homes

Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges

Agent Value, For Sellers, Foreclosures, Selling Tips / By hhh2022

Let’s face it – life can throw some curveballs. Whether it’s a job loss, unexpected bills, or a natural disaster, financial struggles can happen to anyone. But here’s the good news. If you’re a homeowner feeling the squeeze, there’s a lifeline that many people don’t realize is still available: mortgage forbearance. What Is Mortgage Forbearance? …

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Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash

Equity, Foreclosures, Mortgage Rates / By hhh2022

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 debt. That’s a big part of the reason why even though mortgage …

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Why Today’s Foreclosure Numbers Won’t Trigger a Crash

Economy, Foreclosures / By hhh2022

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, leading to a wave of foreclosures. But before you start worrying about a housing …

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3 Reasons Why We’re Not Headed for a Housing Crash

Foreclosures, Infographics, Inventory / By hhh2022

Some Highlights Back 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 housing crash. Inventory data shows there just aren’t enough …

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Why a Foreclosure Wave Isn’t on the Horizon

Forecasts, Foreclosures / By hhh2022

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 payments. But, does that mean there’s a big wave of foreclosures …

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Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008

Economy, Foreclosures, Inventory / By hhh2022

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 different than they were back then. As Business Insider …

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Foreclosure Numbers Are Nothing Like the 2008 Crash

Foreclosures / By hhh2022

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 the housing crash in 2008. The reality is, while …

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Homeowners Today Have Options To Avoid Foreclosure

Foreclosures / By hhh2022

Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008. While headlines may be calling attention to a slight uptick in foreclosure filings recently, the bigger picture is that we’re still well below the number we’d see in a more …

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Why There Won’t Be a Recession That Tanks the Housing Market

Foreclosures, Housing Market Updates / By hhh2022

There’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the latest expert projections to show you why that isn’t going to happen. According to Jacob Channel, Senior Economist at …

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There’s No Foreclosure Wave in Sight [INFOGRAPHIC]

Foreclosures, Infographics / By hhh2022

Some Highlights Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry. If you look at the latest numbers, they’re still below pre-pandemic norms and way below what happened during the crash. If you’re worried about a flood of foreclosures, the data shows a foreclosure crisis …

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