As unemployment rises and home values plummet, more and more American families are finding it harder to keep up with their mortgage payments. Foreclosures have soared 30% since last year, and the market has yet to show signs of recovery.
But what has become a nightmare for many homeowners also presents an opportunity for first-time homebuyers and bargain seekers. In some areas of the country, homes in foreclosure are selling for up to 50% less than they were previously valued. If you’ve got the means, now is the time to shop. Check out these buys from foreclosure-heavy towns, cities, and regions:
To continue reading this article
please register for free
This is different from signing in to your print subscription
Why am I seeing this? Find out more here
Henderson, Nevada
Price last sold for: $600,000
Sponsored Content
Henderson, Nevada
Price last sold for: $618,000
Sponsored Content
Port Saint Lucie, Florida
Price last sold for: $261,000
Sponsored Content
Merced, California
Price last sold for: $355,000
Sponsored Content
Merced, California
Price last sold for: $372,000
Sponsored Content
Bristow, Virginia
Price last sold for: $605,000
Sponsored Content
Bend, Oregon
Price last sold for: 475,000
Sponsored Content
Bend, Oregon
Price last sold for: 379,000
Sponsored Content
Lake Villa, Illinois
Price last sold for: 389,000
Sponsored Content
-
12 Places to Retire If You're Sick of the Heatplaces to live Some like it hot; others not so much. Here are the 12 best places to retire if you can't stand the heat.
-
15 Ways to Prepare Your Home for Winterhome Now that fall is officially here, it's time to prepare your home for cold weather.
-
10 Things You Need to Know About Retiring to FloridaMaking Your Money Last If Florida is part of your retirement plan, we offer up a few tips to help you find your way.
-
Hurricane Insurance Claims: 10 Things You Should KnowBecoming a Homeowner Hurricane damage? Know what’s covered, what isn’t, and how to make the most of your policy if you need to file a claim.
-
5 Great Places to Buy a Vacation HomeWant a vacation home for remote work or a fun getaway? Here are locations with median prices under $400K.
-
10 Big U.S. Cities With the Cheapest Apartment Rentsplaces to live Apartment dwellers pay less than the national average in these cities with the cheapest rent.
-
The 10 Most Expensive Cities to Live in the U.S.Real estate From metro areas on both coasts to the middle of the Pacific Ocean, these are the most expensive cities to live in the U.S.
-
The 25 Cheapest Places to Live: U.S. Cities Editionplaces to live Have a look at the cheapest places to live in America for city dwellers. Is one of the cheapest places to live in the U.S. right for you?
