10 States Where You Can Get Amazing Bargains On Foreclosed Homes

Vegas Homes

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U.S. foreclosures fell 9% in December from the previous month, and these foreclosures resulted in sales that depress home prices.RealtyTrac calculated the states with the highest foreclosure savings, as measured by average sales prices versus average foreclosure sales price. Savings are based on December 2011 prices.

We drew on RealtyTrac data to show you 10 states with the highest foreclosure savings. We also included the average foreclosure sales prices and the number of foreclosure filings in the state to provide a bigger picture on each state’s housing market.


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[slide
permalink=”10-virginia-1″
title=”#10 Virginia”
content=”Foreclosure savings:
37%

Avg. foreclosure sales price:
$237,742

1 in every 1,193 housing units received a foreclosure filing in December 2011

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[slide
permalink=”9-georgia-2″
title=”#9 Georgia”
content=”Foreclosure savings:
37%

Avg. foreclosure sales price:
$99,304

1 in every 381 housing units received a foreclosure filing in December 2011

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[slide
permalink=”8-wisconsin-3″
title=”#8 Wisconsin”
content=”Foreclosure savings:
39%

Avg. foreclosure sales price:
$107,838

1 in every 627 housing units received a foreclosure filing in December 2011

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[slide
permalink=”7-ohio-4″
title=”#7 Ohio”
content=”Foreclosure savings:
40%

Avg. foreclosure sales price:
$73,420

1 in every 583 housing units received a foreclosure filing in December 2011

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[slide
permalink=”6-delaware-5″
title=”#6 Delaware”
content=”Foreclosure savings:
41%

Avg. foreclosure sales price:
$121,000

1 in every 485 housing units received a foreclosure filing in December 2011

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[slide
permalink=”5-michigan-6″
title=”#5 Michigan”
content=”Foreclosure savings:
42%

Avg. foreclosure sales price:
$60,211

1 in every 346 housing units received a foreclosure filing in December 2011

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[slide
permalink=”4-maryland-7″
title=”#4 Maryland”
content=”Foreclosure savings:
43%

Avg. foreclosure sales price:
$168,797

1 in every 2,027 housing units received a foreclosure filing in December 2011

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[slide
permalink=”3-illinois-8″
title=”#3 Illinois”
content=”Foreclosure savings:
44%

Avg. foreclosure sales price:
$117,265

1 in every 419 housing units received a foreclosure filing in December 2011



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[slide
permalink=”2-massachusetts-9″
title=”#2 Massachusetts”
content=”Foreclosure savings:
48%

Avg. foreclosure sales price:

$188,580

1 in every 906 housing units received a foreclosure filing in December 2011

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[slide
permalink=”1-oklahoma-10″
title=”#1 Oklahoma”
content=”Foreclosure savings:
50%

Avg. foreclosure sales price:
$74,815

1 in every 1,052 housing units received a foreclosure filing in December 2011

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[slide
permalink=”but-is-it-a-buyers-market-or-a-renters-market-11″
title=”But is it a buyer’s market or a renter’s market?”
content=”TO RENT OR BUY: A Quick Price Guide To America’s 20 Hottest Real Estate Markets >
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