When it comes to strategy, most Auction.com buyers look to resell to owner-occupants.
And this is great news for neighborhoods.
“Local buyers of bank-owned homes boost community wealth creation in the form of rising home values for owner-occupants and investor returns,” said Daren Blomquist, Auction.com VP of Market Economics.
To learn more about how distressed property buyers improve homeownership rates, watch the latest episode of Disposition Download — available now.