| Send2Press.com • Today is Saturday, February 11, 2012 | A Member of the Neotrope News Network |  |
|
|
NEWS ARCHIVES : U.S. and World News :
Real Estate
News
|
Press Release:
Foreclosure Prices Were Up, While Real Estate Prices Were Down
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) -- Reports from the first days of November show that the housing market is still on shaky ground. According to the statistics from ForeclosureDataOnline.com, real estate prices on the whole are down already for the first three days of November as compared with October's average. The foreclosure market appears strong however. It grew over this same period and shows the kind of steady growth that is apt to continue.The biggest increase in foreclosure sale prices was in Arizona where the average foreclosure sale price is up 15.51 percent for the first three days of November at $285,257 compared with $246,944 for all of October. Other states saw more modest increases including: California, which had a 1.83 percent increase from $356,608 to $363,133; Nevada, which had a 1.45 percent increase from $306,505 to $310,943; Texas, which had a 1.27 percent increase from $132,443 to $134,125; and Florida, which had a 1.05 percent increase from $228,602 to $230,995. Also important to note is the ForeclosureDataonline.com statistics that show that foreclosure prices were only down in three states when comparing the early November average to the October average. Maine saw a -1.88 percent change in average foreclosure sale price from $116,742 to $114,547. West Virginia saw a smaller -0.72 percent change from $108,801 to $108,022 from October to November. Finally, Washington State saw a -0.6 percent change from 284,742 to $283,037 by the beginning of November. The overall increase in foreclosure sale prices nationwide can be attributed to a certain degree to the smaller number of houses in that market as the rate of foreclosure slows. Foreclosure sales also appear to be an excellent investment as prices are still below fair market value and a climbing every month. The real estate markets are still quite volatile, so it is important to keep up with the current numbers in order to track the trends. You can find the latest statistics at www.ForeclosureDataonline.com .
NEWS SOURCE: ForeclosureDataOnline
Send2Press® is the originating wire service for this story. Terms of Use. © ForeclosureDataOnline. All trademarks acknowledged.
THE CONTENT OF THE ABOVE PRESS RELEASE WAS PROVIDED BY THE NEWS SOURCE (ForeclosureDataOnline), WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT THIS WEBSITE.
Journalist Resources:
Download original press release as issued including media contact information for ForeclosureDataOnline.
Additional News Releases on Similar Topics:
|
Subscribe to Send2Press®
Daily News Releases by E-Mail
Follow Send2Press on Social Sites: 
Additional News from
ForeclosureDataOnline : » Colorado and Georgia Lead Highest U.S. Foreclosure Listings Increase » Foreclosures in Florida Drops 12 Percent in April - Slowdown Resulted from Robo-sign Problems » California's Top Cities with Homes in Foreclosure - 2011 A Record Year? » Data Supports Specter of Unemployment Keeping Foreclosures High in Some States » Foreclosure Prices Were Up, While Real Estate Prices Were Down
|
||||||||||||||||||||||||||
View our news channels by industry topics, by U.S. States, or by selected U.S. Cities:
|
Terms of Use and License
This "article format" version of the issued press release is Copr. © 1983-2012 Neotrope/Send2Press. You may freely link to this article version of the press release or may use the release text as the basis for an original article or news posting. If the content is copied verbatim via a scraping or copy/paste method, the news item must be properly "attributed" to Send2Press® Newswire as the originating wire service for this story (may not be posted on ANY site selling/offering SEO or PR services, newswire services, or adult content!). |
DISCLAIMER: the above press release content is believed accurate but not guaranteed, and is based on business news supplied by the source. The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press (this website) makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope® or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: Foreclosure Prices Were Up, While Real Estate Prices Were Down, foreclosure, real estate, foreclosure market, foreclosure rates, foreclosed homes, homes, houses, ForeclosureDataOnline, economy, markets, homebuyers, first time buyer, Arizona, West Virginia, California, Nevada, press release, Nov 4, 2009. |
|
THIS PAGE MEDIA READS (by media and public, as of today): 2789 times (1 today, 7 this week, 13 this month, 33 this year)
Site Design and Content is Copr. © 1983 - 2011 Neotrope® - All rights reserved. Send2Press® is a reg. trademark and service mark of NEOTROPE.
Press Release Writing | About Send2Press | Meet Our Staff | Contact Us | Our Services | Help Desk | Legal | Privacy | How-To Articles | RSS Feeds | Journalist Tools | Client eMediaKits | Headline Feeds | Podcast | PR News Channels | Daily News Desk | Success Stories | PRTRax™ Reader Tracking | Targeted News Distribution | Internet Marketing Services | Order PR Services | Terms of Service (TOS)