foreclosures

Foreclosed Home and Mobile Home Values Are Rising Faster Than Market Average

Foreclosed Home and Mobile Home Values Are Rising Faster Than Market Average

Homes which were foreclosed on during the downturn are rising in value at a breakneck speed, much faster than the normal U.S. home.

The median crisis-era foreclosed home increased 10.3percent in value over the last year, versus only 6.5percent for the median dwelling general in the U.S., according to a new analysis from real-estate site Zillow.

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