Boomerang Buyers: More People Who Lost Homes During Housing Crisis Are Buying Again
USA Today, Apr. 25, 2019--Paul Davidson
There are signs a growing number of Americans who lost homes to foreclosure or a short sale during the housing crisis are buying again or planning to do so in the near future. Home price increases have moderated since last year and mortgage rates have fallen as wage growth has accelerated, creating a positive backdrop for boomerang and other buyers, said MBA Chief Economist Mike Fratantoni.