Foreclosures

South Jersey home equity - infographic 1

Why Your South Jersey Home Equity Still Puts You Way Ahead

Why Your South Jersey Home Equity Still Puts You Way Ahead Seeing headlines about falling home prices might worry you about your own home's value. Let's clear up what this really means for South Jersey homeowners. Even with minor price dips in some local markets, the data shows you're likely still way ahead. This is all thanks to the home equity you've built up. How Home Prices and Equity Connect Home...

What Mortgage Delinquencies Tell Us About the Future of Foreclosures

What Mortgage Delinquencies Tell Us About the Future of Foreclosures

You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know.  According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000. So, even with the increase lately, we’re talking about...

The U.S. Foreclosure Map You Need To See

The U.S. Foreclosure Map You Need To See

Foreclosure headlines are making noise again – and they’re designed to stir up fear to get you to read them. But what the data shows is actually happening in the market tells a very different story than what you might be led to believe. So, before you jump to conclusions, it’s important to look at the full picture. Yes, foreclosure starts are up 7% in the first six months of the...

Why Today’s Foreclosure Numbers Aren’t a Warning Sign

Why Today’s Foreclosure Numbers Aren’t a Warning Sign

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, ultimately leading to a wave of foreclosures. And recent data showing foreclosure filings have increased is only feeding into this fear. But don’t let that scare...

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