Cheap Foreclosure Homes Florida

If you are an expert in the market for cheap foreclosure homes Florida, then this blog is for you!

This article lists the top seven counties in Florida with high amounts of foreclosures.

What are the benefits of buying cheap foreclosure homes in Florida?
With these benefits in mind, this article will help you find your dream house in Florida.

One of the beneficial things about shopping for homes in foreclosure is that they usually go on sale when properties are foreclosed. Many real estate experts know that buying in foreclosure is an opportunity to purchase property at a lower price than it would be if it were new. You can find cheap foreclosure homes in Florida by checking our list below.

Cheap Foreclosure Homes Florida

Here are the top ten counties in Florida with high amounts of foreclosures:

1. Miami-Dade County:

Miami-Dade has a total of 3,100 foreclosures and the average prices of the properties here drop $165,000 or 41% from $268,000 to $103, 000. This county is located in Southeast Florida. The median price for a foreclosed home is $139,000 as compared to the national median price of about $240,000.

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2. Broward County:

Broward county has a total of 4,200 and the average price drops to $190,000 (20% decrease) from $230, 000 to $104,000. This one is located in Southern Florida. The median price for a foreclosed home is $110,000 as compared to the national median price of about $240,000.

3. Palm Beach County:

This county has a total of 2,400 foreclosures and the average price drops from $335 000 to $130 000 (27% decrease). The median price for a foreclosed home is at 130 000 as compared with the national median price of around 250 000 dollars.

4. Hillsborough County:

This one has a total of 1,700 foreclosures and the average price drops from $259, 000 to $140 000 (36% decrease). The median price for a foreclosed home is $132, 000 as compared with the national median price of $240,000.

5. Leon County:

Leon County has a total of 940 foreclosures and the average price drops from $207,000 to $143 thousand (30% decrease). The median price for a foreclosed home is at 120k as compared with the national median of around 240k.

6. Pasco County:

This county has a total of 1,950 foreclosures and the average price drops from $165, 000 to $120 000 (27% decrease). The median price for a foreclosed home is 125k as compared with the national median of around 240k.

7. Orange County:

Orange county has a total of 1,700 foreclosures and the average price drops from $159, 000 to $99 000 (35% decrease). The median price for a foreclosed home is at 140k as compared with the national median of around 240k.

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