Boomerang buyers return to market after foreclosure

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. Read on HERE.

Check out current real estate statistics HERE,

For information on the Seattle real estate market, give us a call.

Steve Hill and Sandra Brenner
Windermere Real Estate Seattle Northwest
206-769-9577

 

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Posted on March 14, 2013 at 8:54 pm
Steve Hill and Sandra Brenner | Category: Baby Boomer Home Buyers | Tagged , , , , , ,

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