Homes in Opportunity Zones have fallen but are withstanding the pressures most are facing during this volatile period in the housing market, according to a new report from ATTOM based on Q4 numbers.
"On balance, they aren't dropping any faster than in more well-off neighborhoods around the country," Rob Barber, CEO for ATTOM, said in prepared remarks.
"By a couple of metrics, they are even doing a little better," Barber said. "That speaks to the continued strength of Opportunity Zone housing markets and their potential allure for investors who still want to take advantage of the program's tax breaks even in the current uncertain economic environment."
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