More Than A Million Boomerang Buyer About To Enter The Market

More Than A Million Boomerang Buyer About To Enter The Market


A Million+ Boomerang Buyers about to Enter Market | Simplifying The 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:


Boomerang Buyers Re-Entering The Market | Simplifying The Market





Bottom Line - 
If 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.


Julie Baldino - Owner-Managing Broker Headshot
Author:
Phone: 360-910-3586
Dated: June 1st 2016
Views: 429
About Julie Baldino: Julie Baldino is a seasoned veteran of the Pacific Northwest real estate industry, and has consisten...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Agent Bio Tara Friedt - Tara Friedt360-787-6229Free Home
Three Tips For Writing A Great Offer - 1- Make a Solid, Informed Offer:
The Key To Selling Your Home If You Have Pets - Selling your home while you have
Year Over Year Sales Increase And What It Means - The National Association of

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Front Door Realty
1815 D Street
Vancouver, WA
360-450-4486
360-989-3389

Other Locations