Is this a repeat of the 2008 housing bust? The number of homeowners hit with foreclosure notices jumped 34% from a year ago.
The post Foreclosures Continue To Surge: Are They a Threat to the Housing Market? appeared first on Real Estate News & Insights | realtor.com®.
Category: Great Recession
Homebuyers Can Still Get a Mid-6% Mortgage Rate—There’s Just One Big Catch
As housing costs have soared, more homebuyers are succumbing to the temptation of a riskier loan with a lower mortgage rate.
The post Homebuyers Can Still Get a Mid-6% Mortgage Rate—There’s Just One Big Catch appeared first on Real Estate News & Insights | realtor.com®.
Foreclosures Tick Up, Especially in These Cities
More homes are in danger of going into foreclosure—especially in this former epicenter of the last housing crisis in the late 2000s.
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New homes are trending smaller
The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.
The post New homes are trending smaller appeared first on Atlanta Agent Magazine.
Worried About a Recession? A Soft Landing Could Actually Be Very Bad for the Housing Market
Optimism is building that the economy might avert a recession. However, a soft landing may be even worse for the housing market.
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Foreclosures Continue To Surge With More Homeowners Now in Danger of Losing Their Properties
More Americans may lose their homes as the number of property owners receiving foreclosure filings continues to rise.
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Amazingly, 2023 Is Not the Most Unaffordable It’s Ever Been To Buy a Home—Not Even Close
Buying a home today might seem like the most unaffordable it’s ever been. However, the baby boomers had it worse.
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Foreclosures Are Spiking—How Bad of an Omen Is This for the 2023 Housing Market?
The number of homeowners receiving a foreclosure filing spiked in May, causing many to draw uncomfortable parallels with the Great Recession.
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It’s Deja Vu in the Housing Market—Is It 2006 All Over Again?
Skyrocketing home prices have leveled off. Recession fears are swirling. The number of home sales has dropped. Is it 2006 all over again?
The post It’s Deja Vu in the Housing Market—Is It 2006 All Over Again? appeared first on Real Estate News & Insights | realtor.com®.
Is the U.S. Tipping Into a Recession? The Answer Will Determine the Direction of the Housing Market
Whether the nation is in a recession, hurtling toward one, or will narrowly avoid it, is sure to have a big impact on the housing market.
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