Tag Archives: ‘Boomerang Buyers’ Are Staging a Comeback

Boomerang buyers former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment to purchase a home again are coming back. They’re expected to flood markets in some of the hardest hit areas for short sales and foreclosures in the coming years. For example, boomerang buyers are predicted to account for nearly one in every five home sales in the metro Phoenix area this year double the projected U.S. rate. Rising rents and the desire […]