Foreclosure Numbers Today Aren’t Like 2008

Written by Florida VA Loan Syndicated User on July 25, 2023. Posted in Distressed Properties, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, Foreclosures, Housing Market Updates.

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.According to a recent report from ATTOM, a property data provider, foreclosure filings are up 2% compared to the previous quarter and 8% since one year ago. While media headlines are drawing attention to this increase, reporting...

Why Today’s Foreclosure Numbers Are Nothing Like 2008

Written by Florida VA Loan Syndicated User on April 28, 2023. Posted in Distressed Properties, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, Foreclosures, Housing Market Updates.

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today.According to a recent report from ATTOM, a property data provider, foreclosure filings are up 6% compared to the previous quarter and 22% since one year ago. As media headlines call attention to this increase, reporting on just the number could actually generate worry and may even make you think...

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

Written by Florida VA Loan Syndicated User on February 10, 2023. Posted in Distressed Properties, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, For Sellers, Foreclosures, Housing Market Updates.

67% 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.