Keeping Current Matters
JANUARY 13, 2021
However, today’s situation is different than the 2006-2008 housing crisis as many homeowners have tremendous amounts of equity in their homes. With enough equity, a homeowner has the option of selling their home, or tapping into their equity through a refinance, to help weather the economic shock. What are the experts saying?
Housing Wire
JULY 1, 2021
This will be especially true for lower-income households with FHA loans that started with very little equity to begin with due to the low-down payment requirement. Hubzu for Signature Seller Assisted Sale (SSAS), standard short sale, foreclosure and ultimately REO management and sales) that can perform well, no matter the volume.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Realty Biz
AUGUST 4, 2020
What are my options when I have little or no equity? Gil, the better term for what you are referring to is “under-equitied” meaning having less than 20% home equity. When you’re selling, having equity needs to at least cover the costs associated with selling, including paying off the mortgage.
Keeping Current Matters
MARCH 10, 2021
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. People are equity rich, not tapped out. Instead, real estate had one of its best years ever. Bottom Line.
Keeping Current Matters
OCTOBER 21, 2020
During the housing crash twelve years ago, many homeowners owned a house that was worth less than the mortgage they had on that home (called negative equity or being underwater ). Today, the vast majority of homeowners have significant equity in their homes. Most homeowners have substantial equity in their homes.
Realty Biz
JANUARY 19, 2023
Many people purchase homes with the intent to build equity, though life happens and homeowners end up underwater, whether it is upside down or with negative equity. Winding up with Negative Equity With the change in the market, housing prices fall and rise. It is best to wait until you bring your equity into positive territory.
Housing Wire
DECEMBER 21, 2022
From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl!
Expert insights. Personalized for you.
236 
Let's personalize your content