Rich Lee

In a supply-constrained housing market, securing deals at foreclosure auctions has become increasingly challenging, but opportunities remain in less popular areas. Florida-based real estate investor Paul Lizell targets distressed bank-owned properties in states with declining populations, emphasizing the market dependency of such investments. Nationwide, foreclosure auction volumes are still below pre-pandemic levels, though prices are rising due to heightened competition. Meanwhile, some investors, like those in Atlanta, are willing to take losses to keep their crews busy, highlighting the diverse strategies in this evolving market.