Despite making up a large proportion of home sales across the country, foreclosures make up a distinct market. They regularly fetch much lower prices than similar, nearby homes.
Despite making up a large proportion of home sales across the country, foreclosures make up a distinct market. They regularly fetch much lower prices than similar, nearby homes. We did extensive research into this phenomenon, which can be found in a white paper, 'Price Differences Between Foreclosures and Non-Foreclosures.'
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