Preserving Homeownership: Foreclosure Prevention Initiatives
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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.
Format:Paperback
Language:English
ISBN:1503255239
ISBN13:9781503255234
Release Date:December 2014
Publisher:Createspace Independent Publishing Platform
Length:60 Pages
Weight:0.36 lbs.
Dimensions:0.1" x 8.5" x 11.0"
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