Homeowners who had experienced a foreclosure or short sale are starting to return as homeowners, although access to financing is posing a constraint, according to information in the August REALTORS® Confidence Index Survey report.

  • About 23 percent of respondents reported working with a buyer who previously experienced a foreclosure or short sale since 2005.
  • About 46 percent of responding REALTORS® reported that these buyers they worked with could not obtain mortgage financing.
  • In reference to these buyers who did not obtain mortgage financing, 65 percent of respondents reported that the reason was related to the previous foreclosure or short sale.

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