NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Good news for people who want to buy properties across the nation: ForeclosureRepos.com has new statistics posted online that give an average price of single family homes, condos, and even duplex or triplex properties. These figures are based on an average sale of foreclosures across the nation.
California is looking fantastic for potential buyers with prices lower than they have ever been before. People can buy single family homes for as low as $204k, condos at prices as low as $195k and a duplex or triplex property for approximately $268k. If you are an investor looking for a long term investment, right now is the time to buy.
ForeclosureRepos.com also includes statistics for single family homes in Michigan, Florida, Texas, and Ohio. In Michigan, homes are going for an average of $61k, condos at $78k, and duplexes and triplexes are averaging $14k. Florida homes are looking promising also at an average of $112k for a single family property, $86k for a condo, and $113 for duplex and triplex properties. Ohio is showing rock bottom prices for investors looking to scoop up foreclosures also. Foreclosures can be found as low as $63k for single family homes, $77k for condos, and as low as $24K for duplex and triplex properties.
Investors have found that buying homes right now is the best option to securing a successful financial future. Even though the foreclosure market is slowing down, there is still an abundance of homes on the market and the prices are continuing to drop. Prices have increased in some markets but the numbers given by ForeclosureRepos.com show to be minimal in prime markets.
ForeclosureRepos (www.ForeclosureRepos.com) provides the most current and up to date information regarding the U.S. housing market and foreclosure homes available. Here you can find homes available to purchase and track the most recent data on homes in the housing market in any state in the nation.
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TAGS: foreclosure repos california home buyers
News Source: ForeclosureRepos