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1,500+ New Florida Foreclosures Hit The Market in Huge 6-Day, 8-City REDC Auction Series; Auctions Geared to Fuel the Local Economy

200 Area Foreclosures Auctioned before Overflow Crowd of 550 at Miami Convention Center on Day 3 of REDC's 6-Day, 8-City REDC Auction Series Featuring 1,500 Foreclosures; Auctions Geared to Fuel the Local Economy.

REDC, the nation's leading real estate auction company, has auctioned 2,185 Florida foreclosures in 28 auctions this year for $98 million.

The auctions are a big boost to the local economy.

Genesis Housing Services has joined a growing group of local organizations supporting the upcoming August 7 auction of 135 HomeSteps® REO homes at the Phoenix Convention Center.

Interest in foreclosure auctions - live and online - is skyrocketing in Georgia, the Southeast and across the nation.

The auctions are geared to fuel the local economy and turn houses back into homes.

REDC has auctioned 2,185 Florida foreclosures in 28 auctions this year for $98 million!

Mansions and half-million-dollar foreclosures highlight auction!

Commercial real estate is not like day trading. The best deals will take some time and effort, but will be worth it in the end.

The Case for Economic Optimism Takes Time...And Effort

Great Deal! 800+ New Foreclosures in Phoenix, Tucson, Mesa, Denver, Utah and New Mexico Areas Hit the Market in a 5-Day Mega-Auction Campaign by REDC; Auctions Geared to Fuel the Local Economy.

The auction, which is conducted by REDC, the nation's leading real estate auction company, is Day 5 of a huge 6-day, 8-city auction series featuring a near-record 1,500 new Florida foreclosures.

To search foreclosures by state is one way to organize your approach to foreclosures investing. You get the chance of analyzing the housing trends of various locations and pick the one you can concentrate.

The U.S. government tax credit provided some market stability during the 2010 first half when home buying escalated as buyers take advantage of the offer. In New York, a new rule is expected to temporarily lower foreclosure numbers.

The number of condominium and triplex foreclosures continues to rise in certain areas of Florida. Recently, a condominium complex reverted back to the lender following a foreclosure auction.

Rental homes gained more share of the residential market in Colorado as home construction declines. Colorado Springs and El Paso recorded lower housing starts.

Buyers finding distressed homes for sale and cheaper houses often make purchases during the winter, realtors reported. This explains price declines in January.

The number of Colorado cheap houses for sale dropped in 2010 as foreclosure filings declined. Foreclosures are usually more affordable than other homes for sale.

Houses in foreclosure for 2010 tied the previous record for highest foreclosure totals. Some have criticized federal efforts aimed at preventing foreclosures.