by Wells Funding Group | Apr 27, 2023 | Distressed Properties, 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...
by Wells Funding Group | Feb 9, 2023 | Distressed Properties, 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...
by Wells Funding Group | 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...
by Wells Funding Group | 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...
by Wells Funding Group | 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...
by Wells Funding Group | 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...
