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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.

House foreclosures for sale have become highly attractive assets for investors, analysts stated. They claimed that price declines have made them great deals.

Bank foreclosed homes buyers trying to secure a home equity loan will face various hurdles. Analysts have asserted that not a lot of applicants get approved.