Ten interesting foreclosure facts
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Tags: auction bidding foreclosure auction foreclosure facts
1. 41% of homes owned in the USA are going to auction.
2. 28% of homes owned in the USA are in the pre-foreclosure process.
3. 30% of homes owned in the USA are bank owned (REO)
4. The majority of homes going to auction in the USA have a market value of 100-200k
5. The majority of homes going to auction in the USA are between 1200-1399sq.ft.
6. The majority of homes going to auction in the USA are three bedrooms dwellings
7. The average home sale price in Maricopa County, Arizona is $104.620 which is an increasing of 8.29% quarterly
8. The average home sale price in Las Vegas, Nevada is $117.479 which is an increasing of 0.59% quarterly
9. California’s average home sale price is between $61,503 – $1,756,135 with an average increase of 19.25%
10. Now is the best time, in history to buy a house





