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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.

Bank owned homes or real estate owned homes as they are more popularly are properties that have been seized from the owners by the lenders due to non-payment of mortgage.

Repo home listing in Nevada offers huge numbers of low-priced properties. However, the new home market is reportedly showing signs of being able to compete.

Homes in bank foreclosure listings remained high in most areas of New Orleans last year. However, they did not prevent Orleans Parish prices to gain strength.