The Inman Group recently released findings relevant to both New Jersey and national foreclosures. That organization – an entity that provides the country’s realtors and brokers with broad-based industry information – underscores what is essentially a mixed bag on residential real estate health both locally and spanning the United States.
Struggling with debt and falling behind on a mortgage can make a person feel scared and isolated. However, it is important to understand that you are not alone if you are in this situation. Hundreds of thousands of other people can go through this process every year.
We prominently underscore a key point for our valued New Jersey readers concerning financial solvency and security on our website at the established Somerville Law Office of Rajeh A. Saadeh.
Seeking relevant data on residential foreclosure activity is somewhat akin to inquiring what tomorrow’s weather will bring.
September-linked data concerning foreclosures was underscored with promise, spotlighting a seemingly strong upside for the country’s residential properties.
It’s a heck of a hole, and digging out from it continues to be a major effort.
Housing news nationally continues to improve over successive reporting periods, with the dismal reality linked to the Great Recession of recent years having largely dissipated.
If you’re tracking a troubling event, its occurrence in just one of every 1,117 possible instances might not seem so bad.
It’s about time.
Your home is 60 percent-plus more likely to get sucked into the foreclosure process if you are a New Jersey resident rather than a homeowner residing in another state.