Best Areas to Buy Foreclosures in 2013

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From DS News

 

RealtyTrac Ranks Best Metros to Buy Foreclosures in 2013

While the national trend shows home prices are rising and the supply of foreclosures is shrinking, on a more microscopic level, there are still metros where investors can find foreclosures at steep discounts and in greater abundance. RealtyTrac compiled a list of the 20 best (and worst) metro areas to buy foreclosures in 2013. RealtyTrac ranked Palm Bay, Florida as the No. 1 metro for foreclosure purchases. From 2011 to 2012, the metro saw foreclosure activity increase 308 percent, and it has a 34 months' supply of foreclosure inventory. Five other Florida metros were represented on the top 20 list. » Read More

 

 

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