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Tag: COVID

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Will Forbearance Plans Lead to a Tsunami of Foreclosures?

  At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to…
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Has COVID sparked a buyer’s market? Think again.

There is a great divide in our region’s real estate market. The divide between the home buyer’s and home seller’s perception of the market. Buyers see the coronavirus pandemic and its economic fall out as a potential opportunity to buy a home at a discount. Sellers (so far) are not seeing it the same way. …
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