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1.5 Million Buyers could re-enter Housing Market

You are here: Home / Real Estate News / 1.5 Million Buyers could re-enter Housing Market

June 15, 2015 by David Garrett

More than 1.5 million that were negatively affected by the housing crisis could re-enter the housing market at some point in the next three years, according to a study released by TransUnion on Wednesday.

Boomerang buyers include those who are 60 or more days delinquent on a mortgage loan, have had a mortgage loan modified, or have lost a home through foreclosure, short sale, or deed-in-lieu of foreclosure. TransUnion estimates that about 700,000 boomerang buyers could re-enter the mortgage market in 2015, and another 2.2 million could re-enter the market over the next five years.

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Seisin Realty Group, Inc.

10300 Fourth Street #150
Rancho Cucamonga, Ca 91730
DRE LICENSE #01911957

Theresa - (909) 528-0843

theresa@seisinrgi.com

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