{"id":11238,"date":"2012-11-30T12:34:45","date_gmt":"2012-11-30T19:34:45","guid":{"rendered":"https:\/\/fleysherlaw.com\/?p=541"},"modified":"2023-02-22T14:48:40","modified_gmt":"2023-02-22T14:48:40","slug":"foreclosure-discounts-shrinking-in-south-florida","status":"publish","type":"post","link":"https:\/\/fleysherlaw.com\/blog\/foreclosure\/foreclosure-discounts-shrinking-in-south-florida\/","title":{"rendered":"Foreclosure Discounts Shrinking in South Florida"},"content":{"rendered":"\n<p>Foreclosure discounts in South Florida are actually shrinking. Continue reading to find out more.<\/p>\n\n\n\n<p>The past year has seen heavy competition between potential buyers of foreclosed homes. The result of this is that the average price for a foreclosed home in Florida is nearly the same as for a non-distressed home. Nationally, bank-owned property price discounts fell to 7.7% from 9.1% a year ago. The smallest foreclosure discounts has led potential buyers into bidding wars over the shrinking number of foreclosure properties available for sale. Buyers in Palm Beach, Broward, and Miami-Dade counties received just a 2.9% discount, down from 6.8% a year earlier. The Phoenix and Las Vegas markets have rebounded. They did this to the point of there being no discount for purchasing a foreclosed home. Pittsburgh and Cleveland have the best foreclosure bargains of 27.4% and 25.8% respectively.<\/p>\n\n\n\n<p>If you have questions about <a title=\"Foreclosure Defense Attorney\" href=\"https:\/\/fleysherlaw.com\/south_florida_foreclosure_defense_attorney.html\">foreclosure<\/a>, <a title=\"Loan Modification Attorney\" href=\"https:\/\/fleysherlaw.com\/south_florida_loan_modification_attorney.html\">loan modification<\/a>, <a title=\"Bankruptcy Attorney\" href=\"https:\/\/fleysherlaw.com\/south_florida_bankruptcy_attorney.html\">bankruptcy<\/a>, or other alternatives, please feel free to call my office at <a href=\"tel:8888860020\">888-886-0020<\/a>. Or, send an e-mail to <a href=\"mailto:emil@fleysherlaw.com\">emil@fleysherlaw.com<\/a>, or complete the contact form below.<\/p>\n\n\n\n<p><script type=\"text\/javascript\">\/\/ <![CDATA[\nvar host = ((\"https:\" == document.location.protocol) ? \"https:\/\/secure.\" : \"http:\/\/\");document.write(unescape(\"%3Cscript src='\" + host + \"wufoo.com\/scripts\/embed\/form.js' type='text\/javascript'%3E%3C\/script%3E\"));\n\/\/ ]]><\/script><\/p>\n\n\n\n<p><script type=\"text\/javascript\">\/\/ <![CDATA[\nvar z7x4a3 = new WufooForm(); z7x4a3.initialize({ 'userName':'fleysherlaw',  'formHash':'z7x4a3', 'autoResize':true, 'height':'603'}); z7x4a3.display();\n\/\/ ]]><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreclosure discounts in South Florida are actually shrinking. Continue reading to find out more. The past year has seen heavy competition between potential buyers of foreclosed homes. The result of this is that the average price for a foreclosed home in Florida is nearly the same as for a non-distressed home. Nationally, bank-owned property price [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51,131],"tags":[476],"class_list":["post-11238","post","type-post","status-publish","format-standard","hentry","category-foreclosure","category-mortgage-loan-modification","tag-foreclosure-discounts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Foreclosure Discounts Shrinking in South Florida | Emil Fleysher, P.A.<\/title>\n<meta name=\"description\" content=\"Heavy competition and diminishing inventory has led to a reduction in the discounts available for Foreclosure Properties.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fleysherlaw.com\/blog\/foreclosure\/foreclosure-discounts-shrinking-in-south-florida\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreclosure Discounts Shrinking in South Florida | Emil Fleysher, P.A.\" \/>\n<meta property=\"og:description\" content=\"Heavy competition and diminishing inventory has led to a reduction in the discounts available for Foreclosure Properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fleysherlaw.com\/blog\/foreclosure\/foreclosure-discounts-shrinking-in-south-florida\/\" \/>\n<meta property=\"og:site_name\" content=\"Fleysher Law\" \/>\n<meta property=\"article:published_time\" content=\"2012-11-30T19:34:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-22T14:48:40+00:00\" \/>\n<meta property=\"og:image\" 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