Think we are headed for another Crash?
Look Closer!
This Is Not 2008.
Yes, foreclosure filings have gone up slightly, but context matters. When you zoom out and look at the full picture, we’re nowhere near the crisis levels of the housing crash.
Just look at the data:
Q1 2025 foreclosure activity is still well below historic norms, and miles below the spikes we saw between 2007 and 2012.
Back then, hundreds of thousands of homeowners were underwater. Today, homeowners have record-high equity, stronger lending standards, and far more options.
What we’re seeing now is normal market movement, not a repeat of the meltdown.
Thanks to Tristan Ahumada from KCM for this information.
|
Come watch Joe & Jean on YouTube!
The Spouses Selling Houses Team has a YouTube channel.
Check out these month’s topics:
- Forest School area neighborhood update aka “Forest on the 5th”
- Chicago has 2 Seasons!
- Des Plaines Third Ward borders
- Keller Williams Realty Partners “Red Day 2025" - a day to give back to:
- Concern for Concern - Des Plaines
- Border Tails Rescue - Northbrook
- Food Collections for Maine Township Food Pantry
- Des Plaines City Services Revolution
- May Market Update
- and more coming..
|
Around Town
ACT Practice Test - Saturday, May 17th - 9 am to 1 pm
- Des Plaines Public Library - Meeting room A
- Teens
- Find out your starting score and identify your strengths and weaknesses by taking the ACT Practice Test presented by iAchieve Learning.
- Register - https://calendar.dppl.org/events
Spring Fun Fest - Sunday, May 18th - 1 to 5 pm
- Parkway Bank Park - Rosemont
- Bounce houses, balloon sculptors, face painting, and a petting zoo
- Free parking with validation
Adult Board Game Night - Wednesday, May 21st - 6-8 pm
- Des Plaines Public Library - Meeting Room B
- Adults
- Meet fellow board gamers! Play our games or bring your own.
- Register - https://calendar.dppl.org/events
Biomimicry: Inspired by Nature - Wednesday, May 28th - 7 to 8 pm
- Des Plaines Public Library - Meeting Room B/C
- Adults
- Register - https://calendar.dppl.org/events
Kiwanis Cup 2025 - Saturday, May 31st - 8 am
- Lakeview Center (Lake Park)
- Free event - Kids grades K to 8
- Race around Lake Opeka aprox 1 mile
Family Day at Lake Park - Saturday, May 31st - 9 am to Noon
- Lake Park
- Fun Family Activities • Golf and Foot Golf on the 18-hole course • Paddle boats and kayaks • Live entertainment • Inflatables for kids • Touch A Truck • Plenty of delicious food!
Team doings in May!
Donna celebrating Mother’s Day with her family at Brunch City Café in Des Plaines - great food, great service - definitely will be going again!
Jean spent Sunday morning with friends at Honeybear Cafe in Rodgers Park followed by a walk around Baha’i Temple in Wilmette. Check another one off the bucket list!
Last Friday was a perfect day for Grandparents Day picnic at Callie’s
Pre-School.
Want to see more of us? (Of course you do!)
Click the icons below... Then for our neighbors and friends we haven’t met yet in our area we have two Facebook groups. Check them out too.