How Do Foreclosures Impact Your Home’s Value?

Study: Better to live near vacant home than foreclosure.

For Some FYI – Click the Link!

Sign of the times - Foreclosure

Many homeowners are well aware of the foreclosure properties in their neighborhoods. These homes are easy to identify in most cases with their overgrown lawns and weed adorned driveways.

Homeowners are mostly knowledgeable to the fact that foreclosure sales in the neighborhood effect value. Furthermore, a homeowner whose home is for sale near foreclosures can expect an impact on their showings and potential offers.

The study, associated with the attached link, goes into detail in regard to the impact foreclosures play on our real estate market today.

Enhanced by Zemanta

About Toni Hedstrom

I am one half of Hedstrom & Stamm Home Solutions, a dynamic real estate team with emphasis on home marketing utilizing our exclusive Home Ready Program.