: 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.
: 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
: Some papers, such as one from the University of Chicago , investigate how the difference between judicial and non-judicial foreclosure laws across states affects economic outcomes and price recovery. Legal & Due Diligence Guidelines : A report by the Urban Institute highlights