record REOs means more bank-owned bargains

To ensure you continue to receive e-mails from us, please add realtytrac@realtytrac.com to your address book today. The Foreclosure Authority™     Bank-owned buyers saved an average of 36 percent in 2010 More than 500,000 buyers purchased a bank-owned home in 2010, down from 750,000 REO buyers in 2009. But 2010 REO buyers got better deals than 2009 buyers - paying an average sales price that was 36 percent below the average sales price of non-foreclosure properties. That was up from an average discount of 33 percent in 2009 and 28 percent in 2008, and buyers in some states saved more than 50 percent on average in 2010. See Top State Discounts The slowdown in sales, particularly in the fourth quarter, pushed total inventory of unsold bank-owned properties posted on RealtyTrac to more than 1 million - a record high. Lenders saddled with these high inventories will be highly motivated sellers in 2011. Video: 2010 Foreclosure Sales Report The latest & greatest inventory of foreclosure bargains. With more than 2 million foreclosure properties - updated daily - and 1.5 million for-sale properties, RealtyTrac gives you the most opportunities to buy a home below market. Get started with a FREE 7-Day Trial. 600,000 Pre-Foreclosures • Unlisted defaults • MLS-listed short sales 500,000 Scheduled Auctions • Trustee's sales • Sheriff's sales 1 Million Bank-Owned • Listed & Unlisted REOs • Bank Hot Properties   Make Online Offers! Advertisement Advertisement Please do not reply to this email. Replies to this email will not be responded to or read. Contact Us  |   Email Preferences  |  Unsubscribe  |   Got this as a forward? Subscribe here © 1996 - 2011 RealtyTrac, Inc. 1 Venture Plaza 300, Irvine, CA 92618 All rights reserved. Terms and Conditions   |   Privacy Policy The information in this email is provided solely for informational purposes and does not constitute an offer by RealtyTrac, Inc. to sell, rent or lease real estate. RealtyTrac, Inc. disclaims any warranties or representations concerning the information contained in this email. RealtyTrac, Inc. does not guarantee the accuracy of the information contained in this email and instructs you to independently verify the accuracy of the information provided. All intellectual property rights are retained by their owners. This email contains advertisement(s).