Foreclosed Homes Boomerang in Value

Homes that were foreclosed during the housing crisis have gained almost twice as much value as other homes, according to a new Zillow® analysis. But the original owners of those homes have not benefited from that recovery.
Since low-end homes were much more likely to be foreclosed, the new analysis shows how the housing crisis worsened the gap between rich and poor in the U.S.
During the run-up to the housing bubble, many low-income earners bought homes, and the homeownership rate rose from