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Want a Discount on Your Next Home? Realtor.com®’s New Report Says Look at Foreclosures

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The Median Foreclosed Home Sells for 27% Below Estimated Value — and Gets 26% More Views Than a Typical Listing

AUSTIN, Texas, July 7, 2026 /PRNewswire/ — Buyers looking for a discount may want to take a closer look at foreclosed homes. According to a new Realtor.com® report on the state of the foreclosure market, the median foreclosed home sold for 27.2% below its estimated value, as foreclosure listings climbed to their highest level in 6 years.

Foreclosure listings made up 1.3% of all homes for sale in April 2026, up from a recent low and approaching the 1.7% share seen in April 2020. The report also finds that foreclosure listings are drawing more attention than the average listing, getting 26.5% more page views in the first half of 2026, even as they sit on the market an average of 11 days longer.

“Foreclosures are normalizing, not accelerating into a crisis,” said Joel Berner, Senior Economist at Realtor.com®. “This rise is happening because pandemic-era forbearance and moratorium programs fully wound down in 2024, and the homeowners feeling it most are the ones who bought at peak prices and are now squeezed by rising insurance, taxes, and adjustable-rate payments. Even with that pressure, we’re looking at a return to 2019 norms, not anything close to the Great Financial Crisis.”

When a foreclosed home fails to sell at auction, it becomes Real Estate Owned, or REO, property, often listed on an MLS by the lender, who prices it to sell quickly. The median REO discount has ranged from roughly 20% to 35% since 2018. The high end of that range was reached in 2022 and 2023, when the frenzy of pandemic-era buying inflated automated home valuations and made the discount look larger than it was. As price growth has flattened in 2025 and 2026, the discount has settled back to a more typical 27.2%.

The metros carrying the highest share of foreclosure listings tend to be more affordable ones, where buyers entered homeownership with thinner margins.

Top Metros by Foreclosure Share of Listings, June 2026

Metro

Foreclosure Share of
Listings

Median Listing Price (All
Homes)

Lake Charles, LA

10.2 %

$238,700

Tuscaloosa, AL

7.7 %

$339,900

Dayton-Kettering-Beavercreek, OH

6.0 %

$260,000

Davenport-Moline-Rock Island, IA-
IL

5.7 %

$235,000

Montgomery, AL

5.7 %

$289,575

Redding, CA

5.4 %

$435,248

Pittsburgh, PA

5.3 %

$259,900

Erie, PA

5.2 %

$238,675

Baltimore-Columbia-Towson, MD

5.2 %

$384,750

Mobile, AL

5.1 %

$274,999

With one exception, every metro on this list sits below the national median list price. Three Alabama markets appear in part because of a state-level legal wrinkle: Alabama’s statutory right of redemption allows a prior owner to reclaim their property after a foreclosure sale by reimbursing the buyer. That risk keeps auction bidders away and results in more REOs.

REO listings attract plenty of attention, but still generally take longer to sell. The slower pace reflects the product: REO listings had 30.4% fewer photos and descriptions 33% shorter than those of standard listings. Most sell as-is, meaning buyers absorb any needed repairs. Buyers can inspect the interior and use conventional financing, but the condition and limited marketing materials mean many take longer to commit — or they decide to walk away because of the higher level of uncertainty.

“In a market where affordability is still the dominant challenge, foreclosures offer a path to a meaningful discount,” said Joel Berner, Senior Economist at Realtor.com®. “The process takes patience, but for buyers who are prepared and can navigate the challenges of buying this type of home, the savings are real.”

Appendix – Top 100 Metros

Metro

Foreclosure Share of
Listings

Median Listing Price (All
Homes)

Albany-Schenectady-Troy, NY

1.3 %

$449,900

Albuquerque, NM

1.8 %

$420,075

Allentown-Bethlehem-Easton, PA-NJ

1.7 %

$425,000

Atlanta-Sandy Springs-Roswell, GA

0.1 %

$429,000

Augusta-Richmond County, GA-SC

2.1 %

$315,125

Austin-Round Rock-San Marcos, TX

1.7 %

$473,500

Bakersfield-Delano, CA

0.7 %

$410,000

Baltimore-Columbia-Towson, MD

5.2 %

$384,750

Baton Rouge, LA

1.3 %

$299,900

Birmingham, AL

4.0 %

$300,000

Boise City, ID

1.1 %

$625,000

Buffalo-Cheektowaga, NY

2.7 %

$272,500

Cape Coral-Fort Myers, FL

1.3 %

$396,850

Charleston-North Charleston, SC

0.0 %

$499,925

Charlotte-Concord-Gastonia, NC-SC

0.4 %

$440,000

Chattanooga, TN-GA

1.0 %

$399,900

Chicago-Naperville-Elgin, IL-IN

4.4 %

$394,500

Cincinnati, OH-KY-IN

1.0 %

$354,900

Cleveland, OH

0.1 %

$277,000

Colorado Springs, CO

0.6 %

$497,000

Columbia, SC

1.1 %

$307,461

Columbus, OH

2.7 %

$394,500

Dallas-Fort Worth-Arlington, TX

0.1 %

$439,990

Dayton-Kettering-Beavercreek, OH

6.0 %

$260,000

Deltona-Daytona Beach-Ormond Beach, FL

0.6 %

$379,795

Denver-Aurora-Centennial, CO

0.6 %

$589,000

Detroit-Warren-Dearborn, MI

1.8 %

$275,000

Durham-Chapel Hill, NC

0.1 %

$487,450

El Paso, TX

1.1 %

$309,725

Fresno, CA

1.6 %

$480,000

Grand Rapids-Wyoming-Kentwood, MI

0.2 %

$432,475

Greensboro-High Point, NC

0.1 %

$333,388

Greenville-Anderson-Greer, SC

0.5 %

$389,900

Harrisburg-Carlisle, PA

1.9 %

$350,000

Houston-Pasadena-The Woodlands, TX

1.7 %

$362,265

Indianapolis-Carmel-Greenwood, IN

0.2 %

$321,450

Jackson, MS

2.2 %

$288,950

Jacksonville, FL

0.1 %

$399,000

Kansas City, MO-KS

1.5 %

$415,000

Kiryas Joel-Poughkeepsie-Newburgh, NY

0.1 %

$595,000

Knoxville, TN

1.2 %

$462,450

Lakeland-Winter Haven, FL

1.9 %

$335,000

Las Vegas-Henderson-North Las Vegas,
NV

1.3 %

$474,950

Los Angeles-Long Beach-Anaheim, CA

0.5 %

$1,099,950

Madison, WI

0.3 %

$497,906

McAllen-Edinburg-Mission, TX

2.0 %

$260,000

Memphis, TN-MS-AR

0.3 %

$302,500

Miami-Fort Lauderdale-West Palm Beach,
FL

0.7 %

$499,000

Minneapolis-St. Paul-Bloomington, MN-WI

2.1 %

$439,450

Nashville-Davidson–Murfreesboro–
Franklin, TN

0.0 %

$539,945

New Orleans-Metairie, LA

5.1 %

$299,000

New York-Newark-Jersey City, NY-NJ

0.2 %

$792,000

North Port-Bradenton-Sarasota, FL

1.1 %

$485,000

Orlando-Kissimmee-Sanford, FL

1.1 %

$419,990

Oxnard-Thousand Oaks-Ventura, CA

0.3 %

$984,735

Palm Bay-Melbourne-Titusville, FL

0.4 %

$375,000

Philadelphia-Camden-Wilmington, PA-NJ-
DE-MD

4.7 %

$389,900

Phoenix-Mesa-Chandler, AZ

1.9 %

$489,500

Pittsburgh, PA

5.3 %

$259,900

Port St. Lucie, FL

1.4 %

$432,500

Portland-South Portland, ME

0.2 %

$650,000

Portland-Vancouver-Hillsboro, OR-WA

1.5 %

$598,950

Providence-Warwick, RI-MA

1.0 %

$599,675

Raleigh-Cary, NC

0.2 %

$457,000

Richmond, VA

0.2 %

$450,000

Riverside-San Bernardino-Ontario, CA

0.5 %

$595,000

Rochester, NY

2.3 %

$324,900

Sacramento-Roseville-Folsom, CA

2.0 %

$629,500

Salt Lake City-Murray, UT

0.1 %

$570,450

San Antonio-New Braunfels, TX

0.3 %

$325,000

San Diego-Chula Vista-Carlsbad, CA

0.4 %

$929,000

San Francisco-Oakland-Fremont, CA

1.9 %

$996,500

San Jose-Sunnyvale-Santa Clara, CA

0.2 %

$1,385,000

Scranton–Wilkes-Barre, PA

0.8 %

$278,450

Seattle-Tacoma-Bellevue, WA

1.4 %

$783,250

Spokane-Spokane Valley, WA

2.0 %

$499,000

St. Louis, MO-IL

3.5 %

$290,000

Stockton-Lodi, CA

1.5 %

$599,463

Syracuse, NY

4.1 %

$319,950

Tampa-St. Petersburg-Clearwater, FL

1.2 %

$399,925

Toledo, OH

1.8 %

$224,950

Tucson, AZ

1.9 %

$385,000

Urban Honolulu, HI

0.1 %

$677,350

Virginia Beach-Chesapeake-Norfolk, VA-
NC

0.6 %

$439,100

Washington-Arlington-Alexandria, DC-VA-
MD-WV

1.9 %

$585,000

Winston-Salem, NC

0.1 %

$338,000

Methodology
Foreclosure sales are identified as those with the REO sale flag in Realtor.com deed data. Foreclosure listings are identified as those with the REO flag in Realtor.com listing data. AVM valuations are computed by taking the median of each property’s valuations within the month that the home sold, and the sale price is compared against the valuation to compute the discount. Listing performance metrics are computed by comparing the statistics for each listing against the medians for that listing’s property type and zip code if there are at least 50 listings in the zip code or metro area if there are not 50 listings in the zip code. The difference between the individual listing’s metrics and the local median is computed and the median of those differences is taken to determine the overall difference between foreclosure listings and typical listings.

About Realtor.com®
For over 30 years, Realtor.com® has connected buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 real estate site REALTOR® agents recommend, Realtor.com® delivers consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.

Media contact: Emily Do, press@realtor.com

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Corinex Launches Grid Intelligence Node to Reveal the True State of the Low-Voltage Grid

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VANCOUVER, BC, Aug. 24, 2026 /PRNewswire/ — Corinex has announced the launch of the Grid Intelligence Node (GIN), bringing near-real-time measurement and event detection to low-voltage feeders.

GIN provides high-precision insight into actual network conditions, creating a grid-truth layer that helps distribution system operators identify constraints, assess available capacity and verify whether grid actions delivered the intended result.

Turning feeder data into actionable grid intelligence

GIN combines high-performance broadband powerline communications with integrated current, voltage, and power-quality monitoring. Installed in secondary substations, street cabinets, and lateral branches, it gives utilities a clearer view of loading and operating conditions across the low-voltage network.

“Electrification is placing new demands on low-voltage grids, but utilities lack the information needed to see or predict where constraints are emerging,” said Sam Shi, Chief Technology Officer at Corinex. “GIN tells the DSO when, where and how much control is needed. It provides the evidence for intervention.”

Key technical capabilities include:

Three-phase voltage and current measurement with RMS error ≤0.5%Measurement of power, power factor, frequency and energyHarmonic monitoring up to the 51st harmonic and total harmonic distortionDetection of voltage sags and swells, overloads and phase imbalanceOne-minute operational snapshots, 15-minute energy aggregates and optional one-second reportingSupport for split-core CT or Rogowski coil sensorsDirect connection to 230/400 V networks and MQTT data transmissionAn operating temperature range of −25°C to +70°C, with an IP67-rated enclosure option

GIN combines high-precision metering for secondary substations with BPL communications, allowing feeder-level measurements and power-quality data to be transmitted through the existing low-voltage network. Monitoring up to the 51st harmonic, alongside the detection of voltage sags and swells, overloads and phase imbalance, helps utilities identify operational issues where they emerge and verify the impact of grid interventions.

Building more accurate digital twins

GIN measurements can feed directly into Corinex Plexigrid Intelligence, connecting near-real-time field data with advanced grid modelling and optimization.

Corinex technology observes conditions across the physical grid, while Plexigrid software reconstructs, models and optimizes the network. Together, they give DSOs a digital representation that more closely reflects actual loading, voltage and power-quality conditions.

This enhanced digital twin helps utilities:

Improve low-voltage state estimation and grid model accuracy.Assess available capacity for electric vehicles, heat pumps, and photovoltaic systems.Determine whether constraints should be addressed through flexibility or physical reinforcement.

The result is greater certainty about grid assets and operating conditions, with less reliance on planning assumptions, delayed meter data, and estimated load profiles.

“Digital twins are only as reliable as the information behind them,” Shi added. “GIN grounds the model in near-real-time measurements from the physical grid, helping utilities understand available capacity and make better-informed decisions as electrification grows.”

Add intelligence without rebuilding the network

GIN gives utilities a practical way to expand low-voltage visibility through infrastructure already in place. Designed for retrofit installations, it combines Corinex BPL repeater and Ethernet functionality while adding advanced measurement and event detection.

Existing low-voltage power lines carry both communications and measurement data. GridValue™ manages the Corinex BPL network and connected devices, while measurement data can support Corinex Plexigrid Intelligence, ADMS, SCADA and other digital-grid platforms. Utilities can gain a clearer view of network conditions without deploying a separate communications layer or installing revenue-grade meters at every monitoring point.

Its compact, IP67-rated enclosure is designed for demanding grid environments, while split-core current transformer and Rogowski coil options support different conductor sizes and cabinet layouts. GIN provides one-minute operational snapshots and 15-minute energy aggregates, with integration through Ethernet, Modbus RTU, and Modbus TCP.

The Corinex Grid Intelligence Node is available for utility evaluations, pilot projects, and commercial deployments.

About Corinex

Corinex is a leading provider of grid intelligence and digital reinforcement for low-voltage and medium-voltage distribution networks. Its platform combines broadband powerline communications, real-time sensing, grid modelling and edge control to help utilities identify constraints, manage congestion, and expand usable capacity through existing infrastructure.

Learn more at www.corinex.com.

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Emerson’s Advanced Measurement Instrumentation Selected by Equinor to Optimize Operations, Accelerate Development

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Broad measurement portfolio to enhance reliable and efficient operations across global energy assets

Emerson and Equinor will collaborate to advance technology innovation and digital operations across Equinor’s global onshore and offshore assets.Emerson’s broad measurement portfolio will support Equinor’s operational objectives to accelerate development, extend field life, improve recovery and advance standardized operations.Thirteen-year frame agreement, including options, for measurement innovation builds on the companies’ existing automation programs designed to optimize operations, helping Equinor deliver value and meet Europe’s energy demands.

STAVANGER, Norway, Aug. 24, 2026 /PRNewswire/ — Global automation leader Emerson (NYSE: EMR) today announced a new strategic collaboration focused on delivering measurement instrumentation technologies and services across Equinor’s global offshore and onshore operations. The collaboration reinforces both companies’ commitment to applying advanced automation technologies to improve operational performance and deliver value across global energy infrastructure.

As part of the agreement, Emerson will provide its broad portfolio of measurement instrumentation and analytical technologies as well as lifecycle services to help Equinor accelerate development, extend field life, improve recovery and advance standardized operations.

The agreement builds on the companies’ existing digitalization initiatives while strengthening their long-standing collaboration to drive sustained operational excellence. Equinor has cooperated with Emerson for over 40 years using a vast array of its automation technologies including subsea multiphase flow meters, downhole monitoring systems, valves, emissions management systems, control systems, asset management systems and safety, pressure and temperature measurement instrumentation.

“Emerson has been a trusted technology supplier to Equinor for more than four decades, and this collaboration reinforces our shared commitment to operational excellence and innovation,” said Slawomir Suchomski, Emerson president of Europe. “We’re proud to deepen our collaboration with Equinor and support the company’s Norwegian Continental Shelf (NCS) 2035 initiatives. Through our measurement instrumentation technologies, we’ll help optimize production, improve reliability and support safe and efficient operations across its global assets.”

Media:

Contacts:  Emerson Global Media Contacts

Additional resources:

Join the Emerson Exchange 365 CommunityConnect with Emerson via XFacebook LinkedIn YouTube

About Emerson 
Emerson (NYSE: EMR) is a global automation leader delivering solutions for the most demanding technology challenges. Headquartered in St. Louis, Missouri, Emerson is engineering the autonomous future, enabling customers to optimize operations and accelerate innovation. For more information, visit Emerson.com

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Zoomcar and Uber partner to give travelers more ways to plan road trips

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Now compare self-drive and chauffeur-driven Intercity options within the Zoomcar app

BENGALURU, India and NEW YORK, Aug. 24, 2026 /PRNewswire/ — Zoomcar (OTCQB: ZCAR), India’s leading peer-to-peer car-sharing platform, and Uber (NYSE: UBER), India’s most-loved ride-hailing app, have joined hands to make planning road trips easier and simpler. Now, travelers searching for a self-drive vehicle on the Zoomcar app will also be able to discover and book Uber Intercity rides in case they prefer to get chauffeur-driven cars. The partnership will give Zoomcar app users the choice to pick a self-drive option or take a back seat with an Uber Intercity driver at the wheel – comparing the options at one place and choosing what suits them best for their travel needs.

The collaboration brings together two complementary travel options on select routes for one-way or round trips. The integration delivers a richer mobility experience for a growing segment of Indian travelers who value flexibility, premium experiences and access over ownership. The partnership has gone live in Bengaluru, Delhi NCR and Mumbai, with plans to expand to more cities over time.

Deepankar Tiwari, Chief Executive Officer, Zoomcar Holdings, Inc., said: “Zoomcar is where India’s most intentional travelers come to plan how they move. Some of them want the freedom of a self-drive car. Others, on other days or other trips, want the comfort of being driven. Both needs are valid, and both deserve a world-class experience. By partnering with Uber, we’re making sure that when a Zoomcar user faces that choice, they don’t have to leave our platform to find the answer. That’s what serving the traveler fully looks like.”

Rishant Ghosh, Director of Consumer & Growth, Uber India & South Asia, said: “Uber Intercity has increasingly become the preferred choice for travel across cities, with demand growing across Tier-2 and metro markets alike. We’re also seeing more Indians choose road trips for weekend getaways, family visits and holidays. Through this partnership with Zoomcar, we’re making Uber Intercity accessible to even more travelers, giving them another convenient way to book reliable, comfortable outstation rides.”

The Consumer at the Heart of It: Access Over Ownership

Both Zoomcar and Uber reflect a broader shift in how Indians think about mobility. Increasingly, consumers are choosing access over ownership, opting for flexible, on-demand transportation instead of owning a vehicle. For some journeys, that means the freedom of driving themselves through Zoomcar. For others, it means the convenience of sitting back in an Uber Intercity ride. This partnership brings both choices together, allowing travelers to compare self-drive and chauffeur-driven options in one place and choose what best suits each trip.

The same traveler may choose to drive on one journey and be driven on the next. By bringing both experiences together, Zoomcar and Uber are making it easier to choose the right option for every journey, while serving a growing segment of travel enthusiasts looking for greater flexibility, convenience and choice.

About Zoomcar

Founded in 2013 and headquartered in Bengaluru, Zoomcar is India’s largest peer-to-peer car-sharing marketplace, operating across 100+ cities with a community of 10 million+ guests and 42,000+ vehicles onboarded on its platform. The company commands 90% brand awareness in India’s car rental category and has completed over 5 million trips till date. Through its digital-first platform, Zoomcar connects individual vehicle owners (Hosts) with users (Guests), offering flexible access to vehicles for self-drive car-sharing. The company’s mission is to promote smarter, shared mobility that is both economically empowering and environmentally sustainable.

About Uber

Uber came to India in 2013 with a simple promise: press a button, get a ride. Over a decade later, Uber is live in more than 125 cities and has become #IndiaKiRide – helping millions move the way they need to, every day. From Bikes and Autos to Cars, Metros, and even Buses, Uber brings together India’s diverse mobility options on a single app. Whether it’s a short trip across town or a journey between cities, with a single swipe Uber makes everyday mobility seamless for millions – while enabling more than 2 million Indians to earn a sustainable income behind the wheel. As we continue to reimagine how the world moves for the better, our ambition keeps expanding, and our commitment remains unwavering: to keep India moving forward.

Forward Looking Statement:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking statements about our plans, efforts, projections, goals, assumptions, commitments, expectations, or prospects related to our collaboration with Uber. These forward-looking statements reflect our management’s current expectations for this alliance and these statements entail significant risk and uncertainty. To identify these forward-looking statements, we use terms such as “may,” “will,” “aim,” “increase,” “estimate,” “intend,” “indicate,” “continue,” “expand,” “empower,” “believe,” “evolve,” “exponentially,” “emerging,” or the negatives thereof, as well as other variations or comparable terminology.

We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, assumption, commitment, expectation, or prospect set forth in this press release can or will be achieved. You are also encouraged to carefully review Zoomcar’s Annual Report on Form 10- K for the year ended March 31, 2026, and other filings with the U.S. Securities and Exchange Commission for a more comprehensive discussion of risks and uncertainties. Except as required by law, Zoomcar undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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