Tag: short sales

Are Foreclosures Going Up?

In early 2020 as the COVID pandemic evolved, I was skeptical of mainstream news stating we wouldn't face a risk of foreclosures "because it's NOT 2008!" That simplistic response ignored the facts of a different crisis that could also put home owners at risk of foreclosure.

Is there an increase in Short Sales?

September market reports showed record breaking real estate sales in Philadelphia, but what about the dramatic spike in pre-foreclosure distressed properties? Does the foreclosure market threaten to haunt real estate…

Is there a foreclosure spike?

The Q3 2020 pre-foreclosure spike may not be what it seems. Misinformation from forbearance reporting errors added to the increase in delinquencies.