The Boomerang buyers are making an entrance!
What is a boomerang buyer, you say?
Basically any homeowner that lost the home during the Great Ressesion of 2006.
Those previous homeowners who lost their homes via short sale or foreclosure, are now coming back to the market with repaired credit and pre-qualified for the purchase of a new home! “The Associated Press” is saying the Boomarang buyers will continued to engage in the market over the next 5 years, giving more reason why the overall outlook looks to be very good for future real estate demand.