If you’re looking for big foreclosure deals, Florida may offer the most, according to a a new study by RealtyTrac. Palm Bay, Fla., topped its list of the best places to buy a foreclosure in 2013. Foreclosures accounted for nearly 24 percent of all sales in Palm Bay last year, and buyers tended to pay 28 percent less for a home in foreclosure than other homes.
The following are the markets with the high number of foreclosures available and some of the largest price discounts for foreclosures, according to RealtyTrac.
Source: “Best Places to Buy Foreclosures,” CNNMoney (Jan. 31, 2013)
The following are the markets with the high number of foreclosures available and some of the largest price discounts for foreclosures, according to RealtyTrac.
- Palm Bay, Fla.
- Rochester, N.Y.
- Albany, N.Y.
- New York City
- Lakeland, Fla.
- Tampa, Fla.
- Jacksonville, Fla.
- Poughkeepsie, N.Y.
- Orlando, Fla.
- Chicago
Source: “Best Places to Buy Foreclosures,” CNNMoney (Jan. 31, 2013)
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