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Friday, December 14, 2012

“Boomerang” home buyers bounce back from foreclosure

The number of boomerang buyers – locals who lost their home to foreclosure or short sale, but are jumping back into the market just two to three years after default – are small now, but real estate agents and home builders say that while these buyers don't currently make up a big share of their clients, there's evidence that their ranks are set to rise noticeably, and that could have implications for local home sales and neighborhood vitality.


Full Story: http://www2.realtoractioncenter.com/site/R?i=oB598rlfu7D7K7a80Vtulw

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