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Why Today’s Housing Market Isn’t Headed for a Crash

Why Today’s Housing Market Isn’t Headed for a Crash Simplifying The Market67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.

Posted in: Buyers, Buying A Home, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Imlay City Michigan, Move-Up Buyers, Real Estate Information, Sellers, Selling A Home Tagged: crash, distressed properties, foreclosures, housing market, imlay city, team success listing

Why You Shouldn’t Fear Today’s Foreclosure Headlines

Why You Shouldn’t Fear Today’s Foreclosure Headlines Simplifying The MarketIf you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look.

Posted in: Buyers, Buying A Home, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Mortgage Loans, Move-Up Buyers, Oxford Michigan, Real Estate Information, Sellers, Selling A Home Tagged: foreclosure, foreclosures, mortgage loans, Oxford MI, team success listing

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market | Simplifying The MarketWith the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t […]

Posted in: Buyers, Buying A Home, Davison Michigan, First Time Home Buyers, For Buyers, For Sellers, Real Estate Market Update, Sellers, Selling A Home Tagged: davison mi, distressed properties, equity, foreclosures, homeowners, team success listing

Home Equity: A Source of Strength for Homeowners Today

Home Equity: A Source of Strength for Homeowners Today | Simplifying The MarketExperts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter […]

Posted in: For Sellers, Imlay City Michigan, Real Estate Information, Real Estate Market Update, Sellers, Selling A Home Tagged: foreclosures, home equity, homeowners, imlay city mi, team success listing

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008 | Simplifying The MarketWith all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s […]

Posted in: Buyers, Buying A Home, First Time Home Buyers, For Buyers, For Sellers, Metamora Michigan, Move-Up Buyers, Real Estate Information, Real Estate Market Update, Sellers, Selling A Home Tagged: 2008, foreclosure starts, foreclosures, graphs, housing market, metamora mi, mortgage standards, supply of homes, team success listing

Why the Forbearance Program Changed the Housing Market

Why the Forbearance Program Changed the Housing Market | Simplifying The MarketWhen the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis […]

Posted in: Housing Market Updates, Mortgages, Real Estate Market Tagged: distressed properties, forbearance program, foreclosures, housing market, loans, team success listing

3 Graphs To Show This Isn’t a Housing Bubble

3 Graphs To Show This Isn’t a Housing Bubble | Simplifying The MarketWith all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, […]

Posted in: Buyers, Buying A Home, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Mortgages, Real Estate Information, Real Estate Market, Real Estate Market Update, Sellers, Selling A Home Tagged: foreclosure volume, foreclosures, graphs, housing bubble, mortgage standards, shortage of homes, team success listing

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market | Simplifying The MarketWhile you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were […]

Posted in: Housing Market Updates Tagged: distressed properties, foreclosures

Shadow Inventories Are Quickly Vanishing

This weeks article, Shadow Inventories Are Quickly Vanishing, Report Says, in the RealtorMag discusses the decline of the shadow inventory… For the past three years, the shadow inventory has declined year-over-year and posted double-digit declines for the past 16 consecutive months as the housing market continues to heal, Anand Nallathambi, president and CEO of CoreLogic, […]

Posted in: Buying A Home, Realtor Magazine Tagged: bank owned homes, foreclosures, listing agent in oxford mi, shadow inventories

Distressed Housing Sales Continue to Tumble

Article from RealtorMag discussing Distressed Sales Continue to Tumble, one of the highlights is the Detroit area is mentioned for percentage of bank owned sales… Foreclosures and short sales are making up less of a share of the for-sale market. According to the National Association of REALTORS®’ February existing-home sales report, distressed home sales accounted for […]

Posted in: Buying A Home, Realtor Magazine Tagged: distressed housing, foreclosures, housing sales, short sales

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