by Brent Knapp | 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...
by Brent Knapp | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day.With a peak in 2010 when nearly 1.2 million homes were foreclosed...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights:Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015.This is the 57th consecutive month with a year-over-year decline.The national foreclosure rate has returned to August 2007 levels, at only 0.9%. Source: KCM
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Foreclosures, Infographics, Move-Up Buyers
Some Highlights:According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007.April marked the 54th consecutive month of year-over-year declines in foreclosure...
by Brent Knapp | Foreclosures
Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the...