Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges

CLAY HALL JOURNAL jacksonvilleaddress.com Let’s face it – life can throw some curveballs. Whether it’s a job loss, unexpected bills, or a natural disaster, financial struggles can happen to anyone. But here’s the good news. If you’re a homeowner feeling the squeeze, there’s a lifeline that many people don’t realize is still available: mortgage forbearance. … Continue reading "Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges"

Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash

CLAY HALL JOURNAL jacksonvilleaddress.com One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble, where many homeowners owed more than their homes were worth, today’s homeowners have far more equity than debt. That’s a big part of the reason … Continue reading "Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash"

Why Today’s Foreclosure Numbers Won’t Trigger a Crash

CLAY HALL JOURNAL jacksonvilleaddress.com With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments, leading to a wave of foreclosures. But before you start … Continue reading "Why Today’s Foreclosure Numbers Won’t Trigger a Crash"

3 Reasons Why We’re Not Headed for a Housing Crash

Some Highlights Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash. Inventory data shows there just aren’t enough … Continue reading "3 Reasons Why We’re Not Headed for a Housing Crash"