Affordable housing inventory is limited due to foreclosure prevention efforts
Housing Wire
MAY 8, 2023
In the three years prior to the pandemic, completed foreclosure auctions represented a potential affordable housing supply of 250,000 homes a year on average, according to public record data from ATTOM. That would represent a roughly 12% boost to the overall supply of single-family homes that were produced by new home builders in 2022.
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