Does a Nonprofit “First Look” Program Promote Neighborhood Stabilization? Examining Outcomes for REO Sales in Florida
Center for Community Progress
MAY 6, 2022
One estimate suggests that more than 5 million homes that were originally owner-occupied transitioned to rental homes between 2006 and 2017. Especially in weaker markets, many investors have left the properties vacant, where they continue to hold back local housing markets. percent were purchased by NCST community partners.
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