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NAR Study: Return Buyers Expected to Boost Housing Demand in Coming Years

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WASHINGTON (April 20, 2015) – Nearly a decade since the start of the foreclosure crisis, formerly distressed homeowners with restored credit are re-entering the housing market, but damaged credit profiles and lender overlays will greatly restrict the overall share of those eligible to buy, according to new research from the National Association of Realtors®. California, Florida and Arizona are expected to see the largest share of return buyers within the next decade.

NAR analyzed the nearly 9.3 million homeowners that underwent a… Read More

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