Off-the-grid deals: Distressed property trends and market insights
Housing Wire
MAY 21, 2024
Meanwhile, the average winning bid relative to after-repair value has been rebounding nationwide after a short-lived dip at the end of 2023 — both for foreclosure auctions and for REO auctions. The after-repair value is the estimated market value of a property in fully repaired condition. and up from 56.8% in Q1 2023.
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