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Fannie Mae’s chief economist on housing market outlook

Housing Wire

Read on to learn more about Duncan’s views on the housing market, loan performance and affordability challenges homebuyers face. But if you’re a first-time buyer, that’s not good news because it means it’s harder to qualify — especially with interest rates where they are. Duncan: I was looking at the bankruptcy data.

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How to Shut Down Housing Market Fear in 3 Simple Responses

BAM Media

If theyre relying on randoms spreading sensational news with zero accountability, they will be misled. 1: Foreclosures & Bankruptcies Still Below Pre-Pandemic Levels Consumers still worry that were heading for a repeat of the Great Recession of 2008. Number one, foreclosures and bankruptcies were rising in 2005, -6, -7, and -8.

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Opinion: How did homeowners get into home equity prison?

Housing Wire

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. How could they ever justify walking away from a loan with this low of an interest rate ?

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10 Tips to Be Successful in Real Estate Investing

Marco Santarelli

You need to find markets that are in the phase of expansion – where sales and prices are rising, affordability is good, construction is low and capital investment is rising. Peak new construction tends to occur past peak housing demand, which ultimately leads to temporary oversupply and lower prices.

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How Much Does a Home Appraisal Cost in Florida?

HomeLight

Although most of Pringle’s clients are banks, she also conducts appraisals for any individuals who need a home’s value for legal reasons, such as people going through a divorce, filing for bankruptcy, or settling an estate. I had a new construction townhouse that took me three days,” she says.

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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

Motivated Sellers The motivated seller category is the submarket where you will find homeowners who are facing financial distresses like bankruptcy, foreclosure, and job loss or relocation. However, the reality is that likely wouldn’t have happened because loan qualification requirements changed drastically from 2007 to 2009.

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Naples Real Estate Market & Investment Overview 2020

Marco Santarelli

Many variables could potentially impact the value of a home in Naples in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. That’s aside from the normal turnover driven by job losses, divorces, and bankruptcies. Naples is The Buyer’s Market.

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