Conventional wisdom says foreclosures devastate home values and neighborhood appeal. Studies focused on the foreclosure crisis from 2007 to 2011 show that there is a negative relationship between foreclosure sales and nearby home values.
But our new research challenges that narrative.
We analyzed over 1 million data points in 16 major metros from 2013-2018, looking beyond the housing crisis to uncover new insights into how foreclosures really impact neighborhoods in a growing market.
The results? Foreclosures may not be the curse they’re made out to be.
Download our research now to get the full analysis and new insights that could change how you think about the impact of foreclosure sales on neighborhoods.