2014: Year of the “Boomerang Buyer”??
If you didn’t know, a “baby boomeranger” is the adult offspring of a Baby Boomer who’s grown up, graduated from college . . . and moved back home 
with their parents (presumably unemployed — or at least underemployed).
That’s bad for the housing market.
Replenished Buyer Pool
So, what’s a housing market boomeranger?
Someone who sold their home in a short sale — or lost it in a foreclosure — a couple years ago, and has now largely recovered.
Specifically, they have a good job, rehabilitated credit, and some cash in the bank that can be used for a downpayment.
Most importantly, they’re sitting in a rental that’s likely more expensive to live in than a comparable owner-occupied property — and getting more so (rental markets in many cities are now even tighter than “for sale” markets).
Such people — and there are a lot of them nationally — are very good for the housing market.
