Posts tagged Market Crash
Why This Housing Market Is Not a Bubble Waiting to Pop!!
Why This Housing Market Is Not a Bubble Waiting to Pop!!

The major reason for the housing crash 15 years ago was a tsunami of foreclosures. With much stricter mortgage standards and a historic level of homeowner equity, the fear of massive foreclosures impacting today’s market is not realistic.Today, the demand for homeownership is real. It’s generated by a re-evaluation of the importance of home due to a worldwide pandemic. Additionally, lending standards are much stricter in the current lending environment. Purchasers can afford the mortgage they’re taking on, so there’s little concern about possible defaults.

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2022 Home Buying, 2022 Housing Market, Buyers, First Time Buyers, Home Appreciation, Home Buying, Home Values, Mortgage, Mortgage Rates, Real Estate Bubble, Real Estate Forecast, Phoenix Real Estate, Real Estate Statistics, Sellers MarketLyn TrayteHousing Bubble, Foreclosure Crisis, Phoenix Real Estate', Phoenix Markte, Phoenix Real Estate, Market Crash, Market Prediction, Homebuying, Home Ownership', Helpful Agent', Trusted Advisor, Buyers AgentComment
Why a Wave Of Foreclosures Is NOT on the Way..
Why a Wave Of Foreclosures Is NOT on the Way..

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen.

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2021 Housing Market, Buyers, Home Buying, Home Equity, Home Selling, Home Values, Phoenix Real Estate, Real Estate Bubble, Real Estate Statistics, SellersLyn TrayteForeclosure Crisis, Home Equity, Market Prediction, Market Crash, Sellers Market, Buyers Opportunity, Buyers, Sellers, Trusted Advisor, Helpful Agent, Phoenix Real Estate, Phoenix RealtorComment