Market Conditions
Trends in the United States economy have led to the growing market for foreclosure services and equity stripping. Property values have increased dramatically from 2000-2005. However, with an increase in values, foreclosure rates also peaked in 2001 and remained high, leaving numerous foreclosed homeowners with substantial equity. With these trends, a market emerged to tap into this equity.
Read more about this topic: Equity Stripping
Famous quotes containing the words market and/or conditions:
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—Ralph Waldo Emerson (1803–1882)
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—G.C. (Georg Christoph)