Best Places To Buy Foreclosed Homes

Best Places To Buy Foreclosed Homes

Best Places to Buy Foreclosed Homes

To compile our list, we started with the country's 100 largest metro areas and ranked them by annual foreclosure rate, based on data from RealtyTrac, a listing firm that tracks foreclosures. To give a sense of scale, hard-hit markets have foreclosure rates in the 3% or 4% range. Riverside, Calif., has a foreclosure rate of 3.8 percent and Detroit has a foreclosure rate of 4.9 percent By contrast, Seattle, has a foreclosure rate of 0.4 percent and Austin, Texas, has a rate of 0.8 percent two figures which are within a healthy range for foreclosures, as all markets, at all times, have them.
Ref. https://abcnews.go.com/Business/PersonalFin...=4538220&page=1