Columbus, Ohio (PRWEB) July 19, 2008
The number of Ohio foreclosure listings has been increasing dramatically, providing affordable opportunities for buyers in the state. New Foreclosure Online, which provides real estate foreclosure listings throughout the nation, is seeing more affordable housing opportunities than ever in the Midwest. While it is unfortunate that people who were unable to pay their mortgages are losing their homes, the upside is that buyers can snatch up these homes for cheap.
The number of foreclosures in Ohio went up by 11 percent last month compared to the month of June, 2007, according to RealtyTrac. That means that approximately one in every 382 homes in the state are in various stages of foreclosure. Although New Foreclosure Online has seen the number of real estate foreclosure listings in Ohio increasing steadily over the last year, it has been more noticeable in the last couple of months. The increasing number of Ohio foreclosure listings gives the state the sixth highest rate of foreclosures in the country.
The best places to find foreclosed homes for sale at the moment are Nevada, California, Florida and Ohio, which have the highest number of total listings. Colorado and Arizona also have a high number of real estate foreclosure listings. Buyers can acquire these homes for very affordable rates because the banks are eager to unload them after previous owners were unable to make payments for extended periods of time.
For more information about Ohio foreclosure listings and other foreclosure opportunities throughout the country, visit http://www.newforeclosureonline.com.
About New Foreclosure Online:
New Foreclosure Online provides a helpful database of real estate foreclosure listings, which provides buyers with an inexpensive way to find a home. A large list of foreclosed homes for sale is perfect for those looking to invest in a virtually risk-free real estate opportunity. With a complete foreclosure listing, buyers can find the home of their dreams, or their next investment. The complete list can also provide information about each foreclosure, and in some cases, about pre-foreclosed homes and auctions.
Thousands of houses are foreclosed each day in the United States, and even more people are interested in buying one. As soon as a buyer finds the house that fits into their budget and preferences, they can buy it. The process is simple, but without this list finding the house is nearly impossible. By joining New Foreclosure Online, buyers can also find everything they want to know about this market, the legal steps of the process and the possibilities of investment.
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