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Loading ...The 27th largest city in the United States, Fort Worth, Texas is growing in popularity when it comes to buying homes. Yes! The real estate market has taken a flat fall due to the over increasing problems created by the recession but Fort Worth foreclosures are hot and happening. Since the beginning of 2008, Fort Worth has seen an increase in the rate of foreclosure and there are in excess of 1,700 foreclosure homes up for auction and sale by the end of February 2009. In fact, the median sales price of Fort Worth foreclosures are approximately $72,712.
Some of the most popular zip codes where you can find Fort Worth foreclosures include:
- Tarrant County zip code 76108: average listing price is $181,955
- Tarrant County zip code 76137: average listing price is $146,274
- Tarrant County zip code 76179: average listing price is $207,660
- Tarrant County zip code 76116: average listing price is $192,745
- Tarrant County zip code 76107: average listing price is $362,650
In fact, last year, a 3,550sqft home in Tarrant County was auctioned for $131,000. If you are lucky, you might find a big home as cheap or even cheaper. Between December 2008 and January 2009, more than 1,000 Fort Worth foreclosures had been listed in the auction list and families and investors from all over the country are trying their best to utilize this opportunity.
In the south Fort Worth neighborhood area, the price of homes listed in Fort Worth foreclosure are being sold for a discount of almost $30,000 off their market price. If a single family home in El Campo Avenue, zip code 76107 has a market price of $170,000 then it will be up for auction at a price of $140,000. Imagine owning such a home with 2bed/2bath in one of the best neighborhoods in Fort Worth. You can even find a 3 bed/ 2 ½ bath single family home for as less as $72,000 in the zip code 76119. That is how good Fort Worth foreclosure properties can get. If you have been looking for a dream home then Fort Worth is definitely not going to let you down.
