Academic and research papers on buying homes at foreclosure auctions typically examine market impacts, bidding behaviors, and legal frameworks. Key research areas include:
: A study published in PMC - NIH finds that foreclosures have a significant negative impact on the listing prices of nearby homes, with prices within 150 meters dropping by roughly 1.1%. buying a home at a foreclosure auction
Research often focuses on how foreclosure auctions affect local housing markets and the subsequent use of those properties: Academic and research papers on buying homes at
: A report by the Urban Institute highlights that properties sold at auction are overwhelmingly purchased by "mom-and-pop" investors who renovate them for resale to owner-occupants. buying a home at a foreclosure auction