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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.

Bank owned condos and housing unit pending sales declined in Seattle in January. However, realtors predict that residential sales will be higher this year.

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.