Home Buyers

Bargain Hunting The FNC Inc. Housing Market Trends report for the third quarter examined the nation's largest housing markets for two factors: The percentage discount off market value for foreclosed homes and the percentage decline in home values. The result showed a correlation between the numbers in many areas: In places where values have not dropped signifcantly, the foreclosure discount tends to be higher. Here's a look at the cities in the report: West City Seattle Portland Discount Decline 32.6% 23.8% 24.1% 26.8% San Francisco Los Angeles San Diego Las Vegas 17.7% 49.2% 14.4% 44.8% 13.6% 41.2% 10.8% 62.2% Riverside 6.9% 58.3% Sacramento 4.8% 57.2% Phoenix 4.2% 61.6% Midwest City St. Louis Discount Decline 36.9% 13.4% 32.9% 29.2% Chicago Detroit 31.5% 37.3% 91.% 33.4% Denver 29.7% Minneapolis 28.4% Ohio City Discount Decline Columbus 40.0% 7.3% Cincinnati 38.1% 11.3% Cleveland 36.5% 23.9% South City Discount Decline Charlotte 31.6% 15.9% Nashville 31.6% 7.5% Atlanta 26.2% 33.2% Miami 13.8% 56.3% Orlando 10.7% 56.2% East City Boston Discount Decline 36.2% 19.5% Baltimore 35.0% 18.0% New York 27.1% 29.0% Washington, D.C. 24.9% 31.8% Texas City Discount Decline Dallas 32.1% 8.2% Houston 30.0% 2.0% San Antonio 21.5% 6.1%