Buyers Returning to Housing Market Ready, Willing, and Able?

Buyers Returning to Housing Market Ready, Willing, and Able?

 

There are 9.3 million former homeowners who were displaced by foreclosures, short sales, and deeds in lieu of foreclosure between 2006 and 2014.  Do they constitute a potential market that could drive demand for new and existing homes over the next decade?  The National Association of Realtors® (NAR) has just released a study of that pool and their findings that many of them are already homeowners again and many others will never return to homeownership.

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