Wednesday, June 3, 2009

10 Best Places to Buy Foreclosure

RealtyTrac's 10 Best Places to Buy Foreclosures

Metro Area
Avg. Savings 
on Foreclosure Purchase
1-Yr 
Price
Apprecia-
tion
5-Yr 
Price 
Apprecia-
tion
Yr/Yr 
Employ-
ment 
Growth
Binghamton, NY 50.59% 7.79% 43.64% 0.06%
Augusta/ Richmond, VA 67.62% 5.85% 40.35% 0.60%
Syracuse, NY 68.91% 5.45% 34.69% 0.20%
Yakima, WA 71.37% 5.42% 34.51% 1.10%
Hickory/Lenoir/ Morgantown, NC 71.42% 5.42% 23.79% 0.10%
Kingsport/ Bristol, TN-VA 71.84% 5.11% 33.41% 0.40%
Columbia, SC 72.70% 5.43% 30.08% 0.10%
Charlotte/ Gastonia, NC 74.69% 6.58% 31.03% 2.10%
Provo/Orem, UT 77.78% 6.34% 51.14% -0.60%
Beaumont/ Port Arthur, TX 78.42% 5.90% 31.46% 0.10%