Introducing our new video series, Disposition Download
Challenging times because of the COVID-19 crisis are changing foreclosure buyer habits.
Moratoriums on foreclosure sales and evictions continue to affect the distressed housing industry. As a result, buyers are going online for REOs in an accelerated rate to fulfill their inventory needs.
“In mid-March, online auction properties on the Auction.com platform accounted for more than half of all property page views for the first time this year,” said Daren Blomquist, Auction.com VP of Marketing Economics. “Since then traffic to online auctions has continued to increase.”
In the first episode of Auction.com’s new video series, Disposition Download, Blomquist gives you the download on foreclosure buyers moving online and where you can get his latest report, which explores this critical trend.