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Kansas City real estate and community news blog featuring Olathe and Overland Park, Kansas.

Decreased Access to Credit and Fewer "Move-In Condition" Homes is Being Blamed for Lower Owner-Occupied Investor REO Buyers.

Decreased Access to Credit and Fewer "Move-In Condition"  Homes is Being Blamed for Lower Owner-Occupied Investor REO Buyers.


The percentage of owner-occupied REO buyers has dropped 20% during the past 2 years. In 2009, around 80% of REO buyers were owner-occupants. That number now hovers around 60 percent and is still on the decline. 


Analysts blame decreased access to credit and a failure to repair foreclosed properties to “move-in condition.” Some experts blame investor acquisition of these properties for “reversing the years of community development progress that nonprofits.




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Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

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Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.

Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill
Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview,
Raytown, Waldo and the surrounding Kansas City communities.


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Published Tuesday, December 06, 2011 8:33 AM by Online Kansas City

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