Time has passed and the meltdown of our housing industry is behind us. For some that memory of loss and shame is still strong. This article suggests that they will flood back into the market now that the bankruptcies will not be a strong a deterrent as before. While it is true the time has passed and the bad credit gets buried back behind your good credit of today, but the housing prices have increased dramatically from 2008. I am not sure if we will see a flood of these boomerang buyers, but we will be seeing some, for sure. We previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners who were negatively impacted by the housing crisis could re-enter the housing market between 2016-2019. Recently, HousingWire analyzed data from the US Bankruptcy Courts and revealed that 6 million Americans will have their bankruptcies disappear off their credit reports over the next five years and that this could “possibly send a flood of more homebuyers into the housing market.” The chart below shows the total number of bankruptcies filed by year in the US over the last 10 years. The light blue bars represent over 3.3 million people who have already waited the 7 years necessary for their reports to no longer include their bankruptcies.