HOUSINGNEWS REPORT
FEATURED ARTICLE
BY DAREN BLOMQUIST, EXECUTIVE EDITOR Editor’s Note: this is the second of a two-part series investigating the distressed market for 2017. Read the first article in the February 2017 Housing News Report . Finding Real Estate Deals When Distress Dries Up
Interest in foreclosures is heating up in 2017 even as the foreclosure market dries up.
Q1 2017 Foreclosure Activity Vs. Pre-Recession Levels
Pct Change From Pre-Recession Avg
-440.8%
2204.2%
Click on map to view interactive nationwide heat map
“The REOs that come on, they are not that far off from the traditional stuff. Back in 2007 you were getting 20 percent off the actual value. … Now you have them selling for 5 percent off, if that,” said Leland DiMeco, owner and principal broker at Boston Green Realty.
ATTOM Data Solutions • P1
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