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Archives

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

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May 12, 2022 - General Information
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 [...] Read More
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Monica Foster May 12, 2022

There Won’t Be a Wave of Foreclosures in the Housing Market

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January 6, 2022 - General Information
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would [...] Read More
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Monica Foster January 6, 2022

Don’t Believe Everything You Read: The Truth Many Headlines Overlook

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November 23, 2021 - General Information
There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with [...] Read More
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Monica Foster November 23, 2021

Why a Wave of Foreclosures Is Not on the Way

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November 4, 2021 - General Information
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There [...] Read More
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Monica Foster November 4, 2021

Understand Your Options To Avoid Foreclosure

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September 8, 2021 - General Information
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with [...] Read More
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Monica Foster September 8, 2021

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

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July 28, 2021 - General Information
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. [...] Read More
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Monica Foster July 28, 2021

It’s Not Too Late To Apply For Forbearance

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May 12, 2021 - General Information
Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated a forbearance program to provide much-needed support. Unless they’re extended once again, some of these plans and the corresponding [...] Read More
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Monica Foster May 12, 2021

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

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April 12, 2021 - General Information
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit [...] Read More
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Monica Foster April 12, 2021

6 Simple Graphs Proving This Is Nothing Like Last Time

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March 10, 2021 - General Information
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. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially [...] Read More
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Monica Foster March 10, 2021

Are There Going to Be More Homes to Buy This Year?

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February 25, 2021 - General Information
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one [...] Read More
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Monica Foster February 25, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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