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Does a Nonprofit “First Look” Program Promote Neighborhood Stabilization? Examining Outcomes for REO Sales in Florida

Center for Community Progress

One estimate suggests that more than 5 million homes that were originally owner-occupied transitioned to rental homes between 2006 and 2017. percent of the REOMatch properties were owner-occupied as of 2018, including 88 percent of the 2014 properties and 77 percent of the 2015 properties. Within these census tracts, 71.3