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 standards in this housing cycle … [Read more...]
Are Forbearances Going to Cause a Market Crash? (April 2021 Housing Market Update)
Transcript: Are forbearances going to cause a market crash? Hi, I'm Tami Savage with eXp Realty. As of February 14th, it looks like we're in pretty good shape based on the information from The Mortgage Bankers Association. 84% of people who entered into forbearance are either out of … [Read more...]