Auction.com, Irvine, Calif., released its 2024 Buyer Insights Report, highlighting that 40% of buyers buying distressed properties at auction expect home prices to decline in 2024.
Tag: Auction.com
Auction.com: Default Servicers Expect Slight Increase in Foreclosure Volume
More than nine in 10 default servicing industry leaders expect completed foreclosure auction volume to increase this year compared to 2022, reported Auction.com, Irvine, Calif.
Auction.com: Default Servicers Expect Slight Increase in Foreclosure Volume
More than nine in 10 default servicing industry leaders expect completed foreclosure auction volume to increase this year compared to 2022, reported Auction.com, Irvine, Calif.
Auction.com: One-Third of Buyers Expect Home Prices to Decline
Nearly one-third of buyers expect home prices to decline in their local housing market in 2023, nearly double the 17 percent who said the same in 2022, reported Auction.com, Irvine, Calif.
Auction.com: One-Third of Buyers Expect Home Prices to Decline
Nearly one-third of buyers expect home prices to decline in their local housing market in 2023, nearly double the 17 percent who said the same in 2022, reported Auction.com, Irvine, Calif.
Auction.com: One-Third of Buyers Expect Home Prices to Decline
Nearly one-third of buyers expect home prices to decline in their local housing market in 2023, nearly double the 17 percent who said the same in 2022, reported Auction.com, Irvine, Calif.
Housing Market Roundup: Feb. 21, 2023
Here’s a summary of recent housing industry articles that have come across the MBA NewsLink desk:
Survey: 90% Mortgage Servicers Expect Foreclosures to Increase through Next Year
Auction.com, Irvine, Calif., said its annual Seller Insights Report found nine in 10 mortgage servicers disposing of distressed properties on the Auction.com platform expect their foreclosure auction volume to increase in the next 12 months.
Majority of Real Estate Investors Describe Local Markets as ‘Overvalued’
Auction.com, Irvine, Calif., said 55 percent of buyers purchasing distressed properties on Auction.com described their local market as “overvalued” with a correction possible, up from 40 percent a year ago.
3Q Home Auction Prices Up 15%; 3 in 5 Consumers Would Consider Buying Home at Auction
Strong demand for distressed properties lifted the average sale price at foreclosure auction to an eight-year high and generated surplus funds above total debt owed for nearly half of homes sold at foreclosure auction in the third quarter, said Auction.com, Irvine, Calif.