Down, up, down and up again.

Real estate is a roller coaster right now — you never know what’s going to happen from month-to-month on a consistent basis.

Today, National Association of Realtors® released its latest report, indicating that pending sales on existing homes unexpectedly rose 1 percent in Dec. 2009 compared to the previous month.

Lawrence Yun, a NAR economist, attributes the volatility to the tax credits ($8,000 for first timers and $6,500 for existing) currently available to homeowners/buyers.

Here’s a snip:

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It’s in Pittsburgh, Pa., according to a recent study from Zillow.com, which indicates that buyers are paying 59 percent less for foreclosed homes than those who close on “traditional” properties.

Those are remarkable savings.

The “white paper,” called “Price Differences Between Foreclosures and Non-Foreclosures,” analyzed 16 major real estate markets throughout the United States. Overall, the research revealed that on average buyers save about 28 percent on distressed real estate.

Portland, Ore., is where the savings gap is narrowest, coming in at about an 18 percent discount. Nonetheless, it’s still a significant amount when hundreds of thousands of dollars are involved.

Take a look the top 10 best markets for where to find foreclosure deals:
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Get ready Missouri, Ohio, Utah and Wisconsin deal seekers:

RealtyBid.com, which has sold more than 25,000 foreclosed homes to investors throughout the nation in recent years, has more than 400 bank-owned properties hitting the auction block from Jan. 22 to Feb. 2, 2010.

It’s a 12-day super sale with inventory from one major lender. These properties MUST be sold!

Check out what’s available (For complete details click here):

• Missouri (CLICK HERE)
• Ohio (CLICK HERE)
• Utah (CLICK HERE)
• Wisconsin (CLICK HERE)

It’s a 12-day super sale with inventory from one major lender that has RealtyBid.com Executive Vice President Mike Keracher very excited for homebuyers/investors in the area.

Here’s a snip:

“As always, we have discount properties from around the country available on our website. However, one specific lender we are working with has supplied us with dozens of Ohio, Utah, Wisconsin and Missouri foreclosures to auction. This is a banner opportunity to buy homes in these states at unbelievable prices.”

All inventory will be auctioned at the lowest possible prices.

Remember that you have to submit your bids online. So head over to RealtyBid.com right now and familiarize yourself with the bidding process while you zero-in on the property that’s right for you.

Bidding is safe, easy, and compliant with all legal regulations. And you don’t have to be an experienced real estate expert to purchase a property.

To check out the homes for sale at the upcoming foreclosure auctions in Missouri, Ohio, Utah and Wisconsin, as well as to see when RealtyBid.com will auction homes in your area, click here.

Good luck!

Foreclosure.com and acclaimed real estate investing expert, Howard Small, will partner during an online training seminar to provide real estate agents with tips and skills to capitalize on foreclosure listings in their areas.

‘Foreclosure Investing Expert: Making Money in Foreclosures’ will be held live online from 4 p.m. to about 5:30 p.m. ET on Thursday, Jan. 21, 2010.

To register and/or find out more information visit: http://www.foreclosure.com/education/webinars/making-money-in-foreclosures-370.html

Howard — a well-known and highly successful investor, author, trainer and mentor — will show agents how to help their clients close more homebuying transactions, as well as detail all the applicable federal and state programs available to help them make the most prudent purchase decisions.

“We’re excited to connect our visitors with such a helpful and successful real estate expert such as Howard Small,” said Linda Yates, Director of Education, Foreclosure.com. “In addition to all of the other valuable information that we pack into our Webinars, Howard brings such a high level of expertise to the table that it will ensure there is something of interest — and something to learn — for everyone who participates.”

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Record-breaking nationwide foreclosure statistics set off a flurry of Internet searches this year, according to the “2009 Year in Review” from Yahoo!, which analyzes “queries based on a number of factors, including absolute volume and growth versus previous periods, to see which themes and trends bubble to the surface.”

The report indicates that the struggling United States economy is a big reason for the interest, saying “we saw old-fashioned thrift become a necessity.”

Indeed, there is a perceived value that is always associated with foreclosed homes. It’s human nature to want to get the most house and spend the least amount of money to own it.

Whether it’s the case or not (and it usually is), most curious homebuyers and investors feel that buying distressed real estate is cheaper than going the “traditional” route … especially when there is a large pool from which to choose like there is today.

There’s no denying it — this is a buyers market.

Deals are out there now more than ever and buyers are on their computers feverishly trying to hunt down the ones that are right for them. Pepper in limited-time government tax incentives ($8,000 and $6,500 tax credits) and historically low interest rates and you have a recipe for a mondo Web-surfing surge.

So check out the hot real estate deals in your area today on Foreclosure.com. Our nationwide database of more than 2 million distressed property listings is free to search for seven days.

Be sure to act fast because the best deals never last long! Search now.