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Some areas of California experienced dwindling foreclosure-related activities last year. The residential real estate markets of counties like San Mateo and Santa Clara posted better figures in 2010.

The number of REO homes, foreclosed dwellings, and distressed residential properties is expected to decline in Allen County in 2011. The prediction signals an improvement in the market, analysts stated.

Prices of houses all around the U.S. continue to decline. For home buyers and investors willing and able to take advantage of the opportunities, there are places where they can buy repo homes with the highest discounts.

Travis County was ranked third in the whole state of Texas in terms of median residential homes prices. Area residences averaged close to $195,000 during a five-year period examined by the U.S. Census Bureau.

REDC sells foreclosed homes and multi-unit apartment buildings in bank owned real estate auction in Cincinnati. NBC WLWT TV Channel 5 covers the event here. To register for the next real estate auction of REO homes, visit our website and check the calenda

Repossessed homes and non-foreclosed housing unit sales declined last year in most Texas areas. However, prices of houses increased slightly in 2010 from 2009.

Total number of foreclosed and repossessed houses recorded in some areas of Texas declined in January when compared with the previous month. In some markets, the decrease was as high as over 30%.