Description

Foreclosure activity in 2022 doubled from the prior year, but still lagged behind pre-pandemic numbers. What does this mean for real estate agents and investors looking for foreclosure inventory?

Is there a backlog of foreclosure properties getting ready to hit the market, or are today’s numbers the “new normal?” Will there be a return to historic levels of lender-owned properties (REO homes), or will inventory remain lower than usual?

Will record homeowner equity help distressed homeowners avoid foreclosures, or will there be a surge in short sales as home prices decline? And what’s the right strategy for agents and investors when it comes to foreclosure properties in today’s housing market?

Join Daren Blomquist, Auction.com's VP of Market Economics, and Rick Sharga, EVP of Market Intelligence for ATTOM Data, as they answer these questions, provide insights on what to expect in terms of foreclosure and distressed property volumes, and discuss how agents and investors can position themselves for success.