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January 2011
Dallas - Housing prices in majority of metro areas in the U.S. continue to decline primarily due to the presence of thousands of foreclosed and vacant properties. According to housing analysts, areas where prices are depressed by foreclosures will be the best market to buy repo homes and other low-priced residential properties. For people interested in investing in bank owned properties, now is a good time as any to make a purchase, according to industry experts. Among the biggest metro areas of the U.S., analysts reported that Cleveland, Ohio seemed to offer the cheapest residences. Prices in this city declined in September by around 3%. As of the latest housing figures, house prices in Cleveland are reportedly down 1.9% compared with 2009. Countrywide foreclosures, as well as unemployment, have been cited by industry analysts as the biggest catalysts in the decline of residential prices. In Dallas, Texas, prices of homes fell in September by 1.6% which followed a decline of 1.2% the month before.
We are the Nation's premier foreclosure clean-out company. Licensed and insured, our team has over 30 years experience in commercial and industrial cleaning, general contracting and real estate rehabilitation.