A surge in renovating distressed properties in underserved neighborhoods is having a positive impact, with local developers such as Jermaine Morgan leading efforts to revitalize communities. This trend is creating a ripple effect that is reshaping these often-neglected areas, with nearly 43% of auctioned homes now being owner-occupied.
Key Points:
– Renovating distressed properties in underserved neighborhoods
– Local developers, like Jermaine Morgan, driving community revitalization
– Nearly 43% of auctioned homes now owner-occupied
– Significant stabilization of often-overlooked areas
You can read this full article at: https://www.housingwire.com/articles/the-renovation-ripple-effect-in-underserved-neighborhoods/(subscription required)
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