Want a Discount on Your Next Home? Realtor.com®'s New Report Says Look at Foreclosures

Realtor.com reports that the median foreclosed home sells for 27% below its estimated value. These listings also attract 26% more views than a typical home listing, suggesting stronger buyer interest despite the distressed nature of the inventory. Net-net, the data points to more discount opportunity for buyers rather than a broad negative signal for the housing market.

Analysis

Realtor.com reports that the median foreclosed home sells for 27% below its estimated value. These listings also attract 26% more views than a typical home listing, suggesting stronger buyer interest despite the distressed nature of the inventory. Net-net, the data points to more discount opportunity for buyers rather than a broad negative signal for the housing market.