Foreclosed Homes Appreciating Faster than Typical U.S. Home

    SEATTLE, Oct. 4, 2018 /PRNewswire/ -- The value of homes that were foreclosed on during the Great Recession are appreciating rapidly, up 10.3 percent over the past year, according to a new Zillow® analysis, while the typical U.S. home is appreciating 6.5 percent annually.

    Throughout the recovery, foreclosed homes have gained 74.5 percent in value, compared to about 46 percent for all homes. This means that homes that were foreclosed on during the housing crisis have made far greater gains in value than the typical U.S. home.

    Read more on: https://www.prnewswire.com/news-releases/foreclosed-homes-appreciating-faster-than-typical-us-home-300724296.html

    Source : Foreclosed Homes Appreciating Faster than Typical U.S. Home