There are 9.3 million former homeowners who were displaced by foreclosures, short sales, and deeds in lieu of foreclosure between 2006 and 2014. Do they constitute a potential market that could drive demand for new and existing homes over the next decade? The National Association of Realtors® (NAR) has just released a study of that pool and their findings that many of them are already homeowners again and many others will never return to homeownership.
Read the rest of the article here: Buyers Returning to Housing Market Ready, Willing, and Able?