With the right approach, former homeowners can get on the path to homeownership again
The housing market is re-emerging, building strength and showing signs of robustness that just a few years ago seemed almost impossible. Back then, millions of homeowners were affected by a weak economy and the inability to keep pace with the financial demands of monthly mortgage payments and the associated expenses. As a result, many faced the reality of foreclosure and short sales, threatening that crucial aspect of the American dream. But today, what started off as a glimmer of new hope in the housing sector is shining brighter, and many people who lost their homes are looking for new avenues to rebuild what they worked so hard for.