Preserving Homeownership
Foreclosure Prevention Initiatives
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Description
The foreclosure rate in the United States began to rise rapidly beginning around the middle of 2006 and has remained elevated ever since. Losing a home to foreclosure can hurt homeowners in many ways; for example, homeowners who have been through a foreclosure may have difficulty finding a new place to live or obtaining a loan in the future. Furthermore, concentrated foreclosures can drag down nearby home prices, and large numbers of abandoned properties can negatively affect communities. Finally, elevated levels of foreclosures can destabilize the housing market, which can in turn negatively impact the economy as a whole.
Release date Australia
December 31st, 2014
Author
Audience
- General (US: Trade)
Pages
60
Dimensions
216x279x3
ISBN-13
9781503255234
Product ID
37708680
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