With future home values hard to predict and renovate-and-resell returns on a downward slope, is holding REOs a good idea?
“Recent iBuyer behavior as well as current home renovate-and-resell data show an increased risk involved with holding REOs,” said Daren Blomquist, Auction.com VP of Market Economics.
What’s more, despite lower returns, investor demand is strong. Find out more by watching the latest episode of Auction.com’s new video series, Disposition Download.