Bank owned repo home listings and foreclosure numbers increased in most metro areas of Utah in 2010. The increase was largely attributed to unemployment.
Foreclosure homes for sale are expected to get tough competition from new homes this coming spring. Realtors expect demand for new houses to pick up in spring.
There are more chances of buying Orlando repo homes at lower prices as foreclosure filings continued to rise in the metro area. In the first quarter, nearly 21,000 foreclosures were filed, up by more than 17 percent year-over-year.