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A Million+ Boomerang Buyers about to Enter Market
A Million+ Boomerang Buyers about to Enter Market 
 
TransUnion recently released the results of a new study titled “The Bubble, the Burst and Now - What Happened to the Consumer?” The study revealed that 1.5 million homeowners that were negatively impacted by the housing crisis could re-enter the housing market in the next three years.
TransUnion defined “negatively impacted” as…
“…those who were 60+ days past due on a mortgage loan, lost their mortgage through foreclosure, short sale or other non-satisfactory closure, or had a mortgage loan modification between the Bubble and Burst.”
Other interesting findings in the study:
During the mortgage bubble in 2006, 78 million consumers, or 43% of credit-active consumers in the U.S., had a mortgage More than 8% of these consumers were “impacted” 5 Million consumers will again be eligible for a mortgage in the next four years Here are the numbers of consumers who will meet mortgage guidelines over the next four years:
 
Bottom LineIf you are a family that experienced the impact of the last housing crisis, now may be the right time to again buy your own home.
 
Contact Marzena M. Melby, REALTOR®, GRI, e-PRO, Visit my website to search homes for sale in the Twin Cities and surrounding areas. Disclaimer: ... more

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