Here's a bit of fantastic news in the housing market: 8.3
million homeowners are about to resurface from the doldrums of negative equity.
Given the abysmal situation with lack of homes for sale in
many markets nationwide, the takeaway from this news is that we could be
looking at a lot more inventory becoming available by the beginning of 2015.
We hope.
According to RealtyTrac,
8.3 million homeowners, or about 18% of homeowners with mortgages, will gain
enough equity to sell their homes in the next 15 months without resorting to
short sales.
