Relevant:
- Hamptons Home Prices Climb 4.2% as Luxury Beachside Properties Lure Buyers
- Discounted Foreclosures Account for 25% of Home Sales in Third Quarter
- Foreclosures Rise to 24% of U.S. Home Purchases as Short Sales Increase
- Banks labeled 'slumlords' over foreclosure neglect
- San Francisco Bay Area Home Prices Fall as More Foreclosed Properties Sold
2012-06-27 — huffingtonpost.com
Some foreclosed properties in American beach towns are averaging discounts of up to 45 percent, according to real estate site RealtyTrac (h/t: DSNews). RealtyTrac looked at its foreclosure sales data in some well-known seaside towns to find which are offering the best beachy bang for your buck.
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