Foreclosures and Bankruptcies Won't Crash the Housing Market

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If you've been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies. That could be making you feel uneasy, especially if you're thinking about buying or selling a house.

Don't Expect a Flood of Foreclosures

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The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments.

Foreclosure Numbers Today Aren't Like 2008

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If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you're considering buying a home. It’s important to understand the context of these reports to know the truth about what’s happening today.

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Why You Can't Compare Now to the ‘Unicorn' Years of the Housing Market

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  • Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years.
  • Expect unsettling housing market headlines this year, mostly due to unfair comparisonswith the ‘unicorn’ years.
  • Let’s connect so I can share the data that puts those headlines in the proper perspective.

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Everything You Should Know About Buying a Foreclosed House

everything you should know about buying a foreclosure

Buying a foreclosed house is different from buying a typical house. One major pro is that most bank-owned homes are vacant which means you’re moving in process is sped up. But there are some things you should keep in mind. Here are five things to you should know about buying a foreclosed property.