Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

CLAY HALL JOURNAL jacksonvilleaddress.com 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 2000s. One of … Continue reading "Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market"

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

CLAY HALL JOURNAL jacksonvilleaddress.com With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the … Continue reading "3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008"

Why the Forbearance Program Changed the Housing Market

CLAY HALL JOURNAL jacksonvilleaddress.com 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 changed that. It provided much-needed relief for homeowners … Continue reading "Why the Forbearance Program Changed the Housing Market"

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

CLAY HALL JOURNAL jacksonvilleaddress.com 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 uncertainty created by the health crisis. When the forbearance program […]