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Foreclosure Articles and Guides

by Octavio Nuiry, RealtyTrac Staff Writer
Sun, Jun 29, 2008
Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide. read more

Learn about the different types of foreclosures

Discover discounts up to 20-40% below market value

Find some of the best bargains at foreclosure auctions

Learn how to buy a bank-owned (aka REO) property

Foreclosure Trends for United States  (change location)

New Foreclosure Activity
Average Sales Price
  April 2008 Year-to-Date
New Foreclosure Activity 1,259,060 4,561,602
Number of Sales 78,928 234,278
Avg. Foreclosures Sales Price $160,514 $163,727
Avg. Savings (what's this?) 31% 30%
Source: provided by RealtyTrac | data updated through April 2008
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