Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (407) 955-4575
Apply Now

Category: Foreclosures

Auto Added by WPeMatico

One Key Sign We’re Not Headed for a Wave of Foreclosures

Written by Florida Delayed Financing Syndicated User on . Posted in Delayed Financing Florida, Florida Delayed Financing, For Buyers, For Sellers, Foreclosures.

Foreclosures are ticking up. And that may make your mind jump straight to thoughts of 2008 – specifically to what happened to the market during the housing crash. So, let’s do exactly what your brain already wants to do, and see if there’s any connection there.The simple truth is foreclosure filings are rising. But they’re nowhere near crisis levels. And that’s not where they’re headed either. Here’s why.Take a look at serious delinquencies – loans where the homeowner is more than 90 days late on their mortgage payments.While those have increased slightly, data from the New York Fed shows...

Continue reading

Why Rising Foreclosure Headlines Aren’t a Red Flag for Today’s Housing Market

Written by Florida Delayed Financing Syndicated User on . Posted in Delayed Financing Florida, Florida Delayed Financing, For Buyers, For Sellers, Foreclosures.

If you’ve seen headlines saying foreclosure activity has been climbing for 10 straight months, it’s easy to assume that’s a sign of trouble for the housing market. But when you look at the full picture, a few simple truths become clear:Today’s foreclosure numbers are in line with what’s considered normalHigh home equity is keeping most homeowners in a strong financial positionNone of the data points to a big wave of distressed sales that’ll crash the marketForeclosure Filings Are Up 32%, But That Doesn’t Mean the Market’s in TroubleIf you peel the layers all the way back, what...

Continue reading

What Mortgage Delinquencies Tell Us About the Future of Foreclosures

Written by Florida Delayed Financing Syndicated User on . Posted in Delayed Financing Florida, Economy, Florida Delayed Financing, For Buyers, For Sellers, Foreclosures.

You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000.So, even with the increase lately, we’re talking about numbers that are dramatically lower. But what does the future hold? Is a wave coming? The short answer is, no.Here’s why. Experts in the industry look at mortgage delinquencies (loans that are more than 30 days past...

Continue reading

The U.S. Foreclosure Map You Need To See

Written by Florida Delayed Financing Syndicated User on . Posted in Delayed Financing Florida, Florida Delayed Financing, For Buyers, For Sellers, Foreclosures.

Foreclosure headlines are making noise again – and they’re designed to stir up fear to get you to read them. But what the data shows is actually happening in the market tells a very different story than what you might be led to believe. So, before you jump to conclusions, it’s important to look at the full picture.Yes, foreclosure starts are up 7% in the first six months of the year. But zooming out shows that’s nowhere near crisis levels. Here’s why.Filings Are Still Far Below Crash LevelsEven with the recent uptick, overall foreclosure filings are still very low. In the first half of...

Continue reading

Why Today’s Foreclosure Numbers Aren’t a Warning Sign

Written by Florida Delayed Financing Syndicated User on . Posted in Delayed Financing Florida, Economy, Florida Delayed Financing, Foreclosures.

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, ultimately leading to a wave of foreclosures. And recent data showing foreclosure filings have increased is only feeding into this fear. But don’t let that scare you.If you put the latest data into context, it’s clear there’s no reason to think this is a repeat of the last housing crash.This Isn’t Like 2008While it’s true that foreclosure filings ticked up in...

Continue reading