Bozeman Area Happenings
Why the Forbearance Program Changed the Housing Market
By KCM Team
Posted by Inactive Shanna Shepherd on August 09, 2022 in
uncategorized
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn’t happen again. Here’s why forbearance worked.
Forbearance enabled nearly five million homeowners to get back on their feet in a time when havin... read more
Why Today's Foreclosure Numbers Won't Trigger Cash
By KCM Team
Posted by Inactive Alysa King on October 24, 2024 in
uncategorized
With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments, leading to a wave of foreclosures.
But before you start worrying about a housing market crash, here’s a look at what’s really happening. And the good news is: the latest foreclosure data shows there’s no wave on th... read more
Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash
By KCM Team
Posted by Inactive Shanna Shepherd on August 30, 2022 in
uncategorized
Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008.
One of the key reasons why the market won’t crash this time is the current undersupply of inventory. Housing supply comes from three key places:
Current homeowners p... read more
Why Today’s Housing Market Isn’t Headed for a Crash
By KCM Team
Posted by Inactive Shanna Shepherd on February 09, 2023 in
uncategorized
67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.
Back Then, Mortgage Standards Were Less Strict
During the lead-up to the housing crisis, it was much easier to get a home loan than it is today. Banks were creating artificial... read more
Why Working from Home May Spark Your Next Move
Posted by Cassidy Jimerson on December 01, 2020 in
uncategorized
If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond.
While the pandemic continues, Americans are re-evaluating their homes, floorplans, locations, needs, and more. Some need more space, while others need less. Whether you’re renting... read more
