not yet foreclosed. This article was clipped from the Palm Beach Post on April 22, 2013. This is one of three or four major reasons the housing market is booming.
The other reasons include:
- Extremely Low Mortgage Rates
- Limited Supply (there are about one-third of the homes on the market today than during the housing bust)
- Uncertainty of Fannie Mae and Freddie Mac
4-22-13 Article on "Zombie" homes |
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