Buyers Coming Back into the Market in 2016

By
Mortgage and Lending with Diamond Residential Mortgage Corporation 031.0016549 NMLS#219299

 

Buyers Coming Back into the Market in 2016

According to data from Keeping Current Matters, see below, between 2006 – 2014, over 7 million homeowners went through a short sale or foreclosure. In 2014 and 2015, over 350,000 homes were sold to return buyers each year.

In the next 5 years, there will be 2.2 million more consumers who will meet the requirements for a mortgage. Therefore it is important to know the waiting periods when you can qualify for a mortgage again, after a foreclosure, short sale or BK.

 

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"Wealth is what you accumulate, not what you spend." 

 
With Respect; 

William Piotrowski

Mortgage Originator  
Originator License # 031.0016549
N.M.L.S #219299 

 

582 Oakwood Ave

Lake Forest IL 60045

 

Cell.(630).881.8655

E.fax (888).845.2691

 

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buyers coming back into the market in 2016

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Rainmaker
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David Alan Baker Laveen & South Phoenix Realtor
Keller Williams Realty Phoenix - Laveen, AZ
Your local Expert

True enough.  We have already seen some folks that have re purchased and there will be more.

Jan 09, 2016 12:40 PM #1
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
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Good Sunday morning William Piotrowski -

I too am already seeing some of these folks re-purchasing.  Lessons learned and moving forward in real estate.

Jan 09, 2016 10:17 PM #2
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Rainer
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William Piotrowski

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