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When borrowers ‘ghost’ their servicers

Housing Wire

He is used to it by now, but the problem has only gotten worse since the beginning of the COVID-19 pandemic. Goldstone’s case is not related to the world of bad Tinder dates, where the colloquial term “ghosting” is popularly used when someone cuts off contact without warning or explanation. We know who the borrowers are.

Loans 360
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Help for troubled borrowers is on the way. But will it come soon enough?

Housing Wire

The Covid-19 pandemic hit Jeffrey Wilen and his family hard. In July 2020, he lost his job as an editor at a consulting firm for spa professionals. By that point, his wife, fearing infection, had already decided to resign as a part-time assistant teacher to stay home with their three kids. He is afraid of losing his home.

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What Hurts a Home Appraisal? 16 Factors That Can Bring the Value Down

HomeLight

Your scheduled home appraisal is nearing, and no matter the circumstances, it’s always an intimidating event. Whether you plan to buy, sell, or refinance your home, an appraiser’s opinion holds a lot of weight. What hurts a home appraisal and is there anything you can do about it? How much is your home worth?

VA loan 127
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How Long Will the Housing Shortage Last? Years — Here's Why

Dwell Real Estate

Thinking optimistically and knowing a little about US homebuilders and American ingenuity, builders might create an average of 2M homes annually and achieve a supply-demand balance in about 6 years. Written by BEN CABALLERO May 12, 2021 Beginning in 1959, the US Census Bureau started to record housing starts.

Lending 66
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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. The pent-up demand drove the home prices up 8.1

Marketing 145
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Working with Cash Home Buyers in Phoenix: A Seller’s Guide

HomeLight

Cash home buyers in Phoenix are always seeking new investments in the metro area and would be remiss to neglect a city experiencing unparalleled growth. How much will Phoenix cash buyers pay? Here’s what to know about the cash buying real estate landscape in Phoenix. Population boom fuels Phoenix housing demand.

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Chicago Real Estate Market 2020 Overview

Marco Santarelli

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. The city of Chicago saw year-over-year home sales increase 0.6 in July 2020. in July 2019 to 4.3

Marketing 140