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Real Estate Briefing - Categorized | Finance, Market Moves, Mortgage more

Boomerang buyers return to market after foreclosure

Posted on 12 March 2013

Borrowers who lost homes to foreclosure during the housing bust are starting to buy again. Since the housing bubble burst, 4.8 million borrowers have lost their homes to foreclosure, and another 2.2 million gave them up in short sales, according to RealtyTrac.
While many are still struggling to recover financially, a growing number are starting to bounce back — and they are looking for a new place to call home………………………………………..Full Article: Source


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