Markets & Economy

More than 8 million homeowners are ‘resurfacing’

RealtyTrac: Price appreciation should help many homeowners avoid short sales
Published on Sep 5, 2013

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by CareyBot

Portending relief for inventory-starved housing markets in the not-so-distant future, 8.3 million homeowners, or about 18 percent of homeowners with mortgages, will gain enough equity to sell their homes in the next 15 months without resorting to short sales, according ...