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:
“To market ‘tis our destiny to go.”
—Robert Frost (1874–1963)
“One cannot divine nor forecast the conditions that will make happiness; one only stumbles upon them by chance, in a lucky hour, at the world’s end somewhere, and hold fast to the days, as to fortune or fame.”
—Willa Cather (1876–1947)