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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

by Linda Richardson | May 12, 2022 | Distressed Properties, Foreclosures, Housing Market Updates

While 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...
Why This Housing Market Is Not a Bubble Ready To Pop

Why This Housing Market Is Not a Bubble Ready To Pop

by Linda Richardson | Apr 21, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country...
There Won’t Be a Wave of Foreclosures in the Housing Market

There Won’t Be a Wave of Foreclosures in the Housing Market

by Linda Richardson | Jan 6, 2022 | Distressed Properties, Foreclosures, Housing Market Updates, Pricing

When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market...
Don’t Believe Everything You Read: The Truth Many Headlines Overlook

Don’t Believe Everything You Read: The Truth Many Headlines Overlook

by Linda Richardson | Nov 23, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Pricing

There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a...
Why a Wave of Foreclosures Is Not on the Way

Why a Wave of Foreclosures Is Not on the Way

by Linda Richardson | Nov 4, 2021 | Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Short Sales

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble...
Understand Your Options To Avoid Foreclosure

Understand Your Options To Avoid Foreclosure

by Linda Richardson | Sep 8, 2021 | Distressed Properties, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales

Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time (see...
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Recent Posts

  • Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]
  • What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market
  • Are There More Homes Coming to the Market?
  • Will Home Prices Fall This Year? Here’s What Experts Say.
  • How Today’s Mortgage Rates Impact Your Home Purchase

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Branch NMLS ID #1848823, 27413 Tourney Road Suite 160 Valencia, CA 91355 855) 202-9227 | Equal Housing Lender | NMLS Consumer Access | Privacy Notice | Terms | Texas Consumer Complaint Disclosure
City 1st Mortgage Services, LLC. (www.nmlsconsumeraccess.org) is an equal opportunity lender. An FHA-approved lender, a California financial lending institution licensed by the California Department of Business Oversight under the California Residential Mortgage Lending Act and is not the FHA, which is a government agency, nor working on behalf of the FHA.