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Why You Shouldn’t Fear Today’s Foreclosure Headlines

Why You Shouldn’t Fear Today’s Foreclosure Headlines

by Linda Richardson | Jan 25, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates

If 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...
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

by Linda Richardson | Nov 30, 2022 | Distressed Properties, For Buyers, For Sellers, Foreclosures

With 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...
Home Equity: A Source of Strength for Homeowners Today

Home Equity: A Source of Strength for Homeowners Today

by Linda Richardson | Nov 14, 2022 | For Sellers, Foreclosures, Housing Market Updates

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

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

by Linda Richardson | Oct 26, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing

With 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...
Why the Forbearance Program Changed the Housing Market

Why the Forbearance Program Changed the Housing Market

by Linda Richardson | Aug 8, 2022 | Distressed Properties, Foreclosures, Housing Market Updates

When 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...
3 Graphs To Show This Isn’t a Housing Bubble

3 Graphs To Show This Isn’t a Housing Bubble

by Linda Richardson | Aug 2, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates

With 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...
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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.