Daren Blomquist on the rise of distressed property auctions
HousingWire Daily
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Intro
This chapter explores the surge in distressed property auctions in Q2 2025, noting a 20% increase in foreclosures and bank-owned sales, particularly in the Southeast and Sunbelt. The discussion highlights the implications of these trends on overall home prices and the potential for a continuing downturn in the housing market.
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