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Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

by Julia Lowell | Jan 13, 2021 | Buyer & Seller, Distressed Properties, Housing Market Updates

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...
Chances of Another Foreclosure Crisis? “About Zero Percent.”

Chances of Another Foreclosure Crisis? “About Zero Percent.”

by Julia Lowell | Nov 18, 2020 | Distressed Properties, Foreclosures, Housing Market Updates, Sellers

There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During...
Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis

Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis

by Julia Lowell | Nov 5, 2020 | Distressed Properties, Foreclosures, Housing Market Updates, Sellers

As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality is, plans have been put in...
Why Today’s Options Will Save Homeowners from Foreclosure

Why Today’s Options Will Save Homeowners from Foreclosure

by Julia Lowell | Oct 21, 2020 | Distressed Properties, Foreclosures, Housing Market Updates

Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally...
Do You Need to Know More about Forbearance and Mortgage Relief Options?

Do You Need to Know More about Forbearance and Mortgage Relief Options?

by Julia Lowell | Oct 15, 2020 | Demographics, Distressed Properties, Foreclosures, New Construction

Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time,...
Forbearance Numbers Are Lower than Expected

Forbearance Numbers Are Lower than Expected

by Julia Lowell | Aug 20, 2020 | Distressed Properties, Foreclosures, Housing Market Updates

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the...
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    Owner-Assisted property Services
    301 Edgewater Place, Suite 100
    Wakefield, MA 01880
    C: 617-462-2324
    O: 888-323-8700

    JULIA LOWELL
    Real Estate Broker, Owner-Assisted Property Services
    E: Julia-lowell@comcast.net

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