Fort Lauderdale foreclosure homes continue to drive substantial price discounts. With a price discount rate of 14.89 percent, the Fort Lauderdale metro area posted the biggest discount rate among metro areas in February this year.
The continued rise in Orlando pre foreclosures and completed foreclosure filings has enabled the city to issue federally subsidized bonds to raise funds for job creation. The city and two nearby counties are authorized to issue bonds worth up to $50 million.
San Antonio home foreclosures largely drove the increase in sales of lower-priced homes in the area in 2009. Around 76 percent of all houses sold in the metro area in 2009 were priced below $200,000.
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