The June 2009 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which details how you can find and bid on the best foreclosure deals in your area through online auctions.

Foreclosure deals are everywhere. Lenders, banks and others that own large real estate portfolios are looking to move their inventories in new and exciting ways, including via the Internet.

It makes perfect sense — more than 80 percent of house hunters begin their searches online.

Now it’s our job to tell you where to find these types of auctions, as well as all the things you need to be aware of before placing a bid. Auction homes are priced to sell fast within a certain time frame. That means you need to be ready to move at the drop of a dime when the opportunity of a lifetime emerges.

“Investment Exchange” to the rescue! To check out Online Real Estate Auctions today be sure to click here.

Remember that “Investment Exchange” is a FREE resource that Foreclosure.com provides its site visitors. Sign up to receive the educational real estate newsletter each month at no cost right here.

Classes meet every Thursday morning at the Palm Beach County Courthouse in West Palm Beach, Fla., at 9:30 a.m. ET. Call (866) 382-2439 today to reserve your spot!

Now you can find your dream home even “quicker” and for less!

QuickSale℠ is the absolute best place on the Internet to find the hottest distressed real estate deals in your area. What has that got to do with Foreclosure.com?

As of this month … everything.

Along with all the other amazing investment opportunities available in our database of more than two million nationwide listings, Foreclosure.com recently added QuickSale℠ properties into the mix. These homes are aggressively priced to sell fast.

That means you won’t find a better selection of great, affordable homes anywhere else … period. To start your search now click here.

QuickSale℠ works direct with banks, lenders and other financial institutions throughout the nation, negotiating the lowest possible home prices to help them move inventory fast and help you achieve the dream of homeownership.

Its experienced team of real estate professionals is able to slash home prices drastically for your benefit, representing tremendous money-saving opportunities to you as the buyer.

Why overspend or even pay fair market value for a home when you don’t have to?

Read the rest of this entry »

Home values in the 20 largest metropolitan areas located throughout the United States fell at the fastest annual rate ever (19.1 percent) in the first quarter of 2009, according to the latest Standard & Poor’s Case-Shiller Home Price Index.

All told, home prices have dipped 32.2 percent since the peak of the market in the second quarter of 2006.

The good news for homeowners is that the report indicates that month-to-month declines have continued to slow down; however, there is still no sign that the market has hit rock bottom. In fact, Phoenix, Ariz., Las Vegas, Nevada, and San Francisco, Calif., “all recorded declines of more than 30 percent.”

On the flip side, Charlotte, N.C., and Denver, Colo., each “edged up” 1 percent from Feb. to March 2009.

So what’s it all mean for you?

Well, first-time buyers and investors alike are able to take advantage of the best home prices to come around in years. And it appears that they are doing just that with foreclosure-related purchases accounting for nearly half of all recent real estate transactions.

Searching for homes on Foreclosure.com these days is like choosing from discounts on already discounted prices … it’s unbelievable. But as we’ve been telling you all along … this situation, which also includes a $8,000 government-sponsored tax credit until Dec. 1, 2009, will not last forever.

Check out all the hottest foreclosure deals in your area today before it’s too late. Click here.

Potential foreclosure buyers in California and Arizona, as well as the Washington, D.C., and Minneapolis-St. Paul metropolitan areas, may run into some friendly competition when submitting their offers, according to a recent report in the Wall Street Journal.

It appears that super low housing prices and high demand for properties in these desirable areas, among other favorable conditions, are driving deal seekers out of the woodwork and to the closing table.

The article explains:

“Bidding wars — common during the housing boom — had all but disappeared soon after the market peaked about three years ago. Even now, they remain the exception rather than the rule … there is still a glut of homes available in most markets. But the glut has shrunk, and some areas are running into shortages of moderately priced homes in middle-class neighborhoods.”

Smart buyers who have sat on the sidelines, waiting for the market to “bottom out,” are clearly beginning to make their moves. However, it may be a case of too little too late in hot markets like those mentioned above and others located throughout the United States.

Keep in mind that despite the “doom and gloom” that you may see on the nightly news does not often provide the clearest picture of the current real estate market. Is it the best it has ever been? Clearly, no. But it also hasn’t shut down entirely — buyers are out there and homes are selling.

Clearly, some places are going to improve faster than others, but the lesson here is not to assume that you can just saunter out and buy any home you want, whenever you want, at half the price because there is no demand.

On the contrary, the opportunities for buying homes right now are the best they have been in a very long time and most people understand that the window is going to start closing … sooner rather than later, depending on the zip code.