Slide Show | March 2009

See All Slide Shows   Page 1 of 10  

FORECLOSURE BARGAINS ACROSS THE COUNTRY

slideshow image

iStockphoto

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:
By Louis Jones

FORECLOSURE BARGAINS ACROSS THE COUNTRY
Advertisement

Popular Slideshows


print / view as single page order a reprint
Advertisement
Advertisement
Register

Featured Videos From Kiplinger