Today’s typical foreclosure buyer purchases one to five properties a year. This buyer demographic makes up about 76 percent of Auction.com investors who bought a property in 2019.
During the COVID-19 pandemic, these smaller-volume buyers are proving to be resilient in challenging times.
In the second episode of Auction.com’s new video series, Disposition Download, Auction.com VP of Market Economics Daren Blomquist explores why demand for distressed properties is holding up as well.