Foreclosure homes for sale at rock-bottom prices

To ensure you continue to receive e-mails from us, please add realtytrac@realtytrac.com to your address book today. The Foreclosure Authority™     Average foreclosure prices clearly rising off the bottom in third quarter The average price of properties in foreclosure (short sales) or bank owned (REO) increased 3 percent on a year-over-year basis in the third quarter of 2012 — the fifth consecutive quarter with an annual increase after foreclosure prices bottomed out in the second quarter of 2011. Now is your chance to buy a bank-owned or short sale home while prices are still low but clearly rising. Start a FREE search now! Markets with biggest price increases Average foreclosure prices increased annually in more than half of the nation’s 100 largest metro areas. Here are the top 10 markets where prices increased the most and foreclosure sales accounted for at least 15 percent of all sales: Metro Area YOY price increase Foreclosure Discount Indianapolis, IN 34% 32% Kansas City, MO-KS 24% 42% Phoenix, AZ 18% 23% Las Vegas, NV 13% 16% New Orleans, LA 11% 38% Sacramento, CA 9% 24% Riverside-San Bernardino, CA 9% 14% Minneapolis-St. Paul, MN 9% 28% San Diego, CA 9% 29% Detroit, MI 9% 41%   Follow us on: Facebook Twitter

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