Foreclosure houses for sale are popular among the current crop of homebuyers, realtors reported. However, most of them are looking for a well-maintained house.
Prices of residential properties, including bank and government foreclosures for sale, declined in some areas of Tennessee in November. Memphis was one of the areas that experienced a decline in housing prices for the month.
A tax sale property or a foreclosed house can be purchased cheaply. However, most Americans are still complaining that they cannot find homes they can afford.