Foreclosed Homes Appreciating Faster than Typical U.S. Homes, Zillow Finds

Forclosed Homes FNL

The value of homes that were foreclosed on during the Great Recession are appreciating rapidly, up 10.3 percent over the past year, according to a new analysis from online real estate company Zillow, while the typical U.S. home is appreciating 6.5 percent annually. Throughout the recovery, foreclosed homes have gained 74.5 percent in value, compared…

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