Ep 3: Analyze Your Next Deal as Iowa Foreclosures Rise
There's a $54,500 gap between what a distressed Iowa listing looks like it's worth and what the math actually says.
Iowa foreclosure filings are up roughly 30 percent since the fall of 2024, putting more distressed listings on the Des Moines metro market than investors have seen in years. More listings that look like a deal isn't the same thing as more deals.
The mistake is letting the discount do the thinking. A low asking price feels like a deal before anyone runs a number, and a wide comp spread can hide months of deferred maintenance a struggling seller never fixed.
Rising inventory means…
The skinny
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