Connect with us

Technology

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

Published

on

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

View original content:https://www.prnewswire.com/news-releases/want-a-discount-on-your-next-home-realtorcoms-new-report-says-look-at-foreclosures-302818607.html

SOURCE Realtor.com

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

SABRE Launches Smart Pepper Spray With GPS Alerts to Instantly Notify Emergency Contacts

Published

on

By

Connected personal safety device combines maximum-strength protection with real-time location sharing for faster response in critical situations

CHICAGO, July 8, 2026 /PRNewswire/ — SABRE, a leader in personal safety solutions, announced the launch of the SABRE Smart Pepper Spray, a connected personal safety device that combines maximum-strength pepper spray with real-time GPS alert technology. Designed to enhance personal protection, the device automatically notifies trusted contacts with the user’s live location when the alert button or pepper spray is deployed, helping ensure faster awareness and response in emergencies.

The SABRE Smart Pepper Spray represents a new category of self-defense technology—bridging the gap between physical protection and immediate communication.

A Smarter Approach to Personal Safety

Unlike traditional pepper sprays, the SABRE Smart Pepper Spray integrates with a companion mobile app to provide automatic emergency alerting. When the spray is deployed—or when the in-app panic button is activated—the system sends real-time GPS location alerts to preselected contacts, enabling them to quickly understand the situation and take action.

There is no need to unlock a phone, make a call, or send a message. The alert is triggered instantly—helping ensure users are never alone in a critical moment.

How It Works

User activates the spray, presses the detachable button or in-app panic buttonDevice triggers an automatic alert through the mobile appReal-time GPS location is shared immediatelyEmergency contacts receive a notification and live location tracking

Built for Real-World Safety Situations

The SABRE Smart Pepper Spray is designed to support users in everyday scenarios where personal safety is a concern, including:

Walking alone at nightCollege campus environmentsRunning or outdoor activitiesCommuting or rideshare travelVisiting unfamiliar areas

Powerful Protection Meets Smart Connectivity

In addition to its connected features, the SABRE Smart Pepper Spray delivers professional-grade defense:

Maximum-strength pepper spray trusted by law enforcement12–14 foot range for safer distance from threatsUp to 10 seconds of spray time for extended defenseFast Flip Top safety for quick, one-handed deploymentErgonomic finger grip for improved aim and controlCompact, discreet design for everyday carryLong-lasting battery designed for reliability without frequent charging

Bringing Peace of Mind to Users and Their Loved Ones

The Smart Pepper Spray expands the impact of personal protection beyond the individual carrying it. By instantly notifying trusted contacts, the device provides additional reassurance to family members and friends—helping reduce uncertainty and enabling faster response when it matters most.

“Safety isn’t just about stopping a threat,” said David Nance, CEO of SABRE. “It’s about making sure help is notified instantly—so users are never alone in an emergency. When every second matters, immediate awareness can make all the difference.”

Redefining Personal Safety

The SABRE Smart Pepper Spray reflects a broader shift in personal safety—from standalone self-defense tools to connected safety systems that prioritize awareness, communication, and preparedness.

By combining proven defensive technology with smart connectivity, SABRE is helping redefine what it means to feel protected in everyday life.

Availability

The SABRE Smart Pepper Spray is available now at www.sabrered.com and on Amazon.

For more information, visit www.sabrered.com.

About SABRE

SABRE is a global leader in personal safety solutions, trusted by professionals and consumers worldwide. As the most used brand by police and public safety officers, SABRE combines proven defensive technology with innovative smart features to help people stay safe, connected, and in control in any situation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sabre-launches-smart-pepper-spray-with-gps-alerts-to-instantly-notify-emergency-contacts-302818424.html

SOURCE SABRE- Security Equipment Corporation

Continue Reading

Technology

RapidScale Launches Infrastructure Intelligence Practice as Pricing Volatility Disrupts IT Planning and Operations

Published

on

By

With 88% of businesses experiencing rising costs and extended delivery timelines, RapidScale delivers cost predictability, workload flexibility and procurement reliability.

RALEIGH, N.C., July 8, 2026 /PRNewswire/ — RapidScale, a leading provider of enterprise managed and professional services for public, private, and hybrid cloud environments, today announced its new Infrastructure Intelligence practice. Built upon five existing solution areas, the new offering enables organizations to clearly understand and prioritize technology decision making across cloud, on-premises and hybrid environments, improving infrastructure cost visibility, optimizing technology resources in deployment, reducing planning risk, and making more confident decisions.

88% of technology leaders responding to RapidScale’s inaugural Infrastructure Intelligence Index survey reported they’ve experienced at least one disruption resulting from extended lead times, pricing changes, and capacity events in the first six months of 2026. As the global memory and storage supply chain cautiously adapts to spiking demand, overcoming volatility, strategically timing investments, and navigating how a business’s technology needs map to impact will be increasingly critical to organizational growth.

“Companies typically assume that if they have the budget, they can scale infrastructure whenever they need it. That assumption no longer holds,” said Duane Barnes, president of RapidScale. “Lagging access to infrastructure is forcing technology and finance leaders to rethink how they plan, fund and modernize systems. Organizations need a more agile, long-term approach that gives them confidence that the capacity and resources required to support critical operations will be available when they need them.”

To understand how supply chain constraints are impacting businesses in real time, RapidScale surveyed 300 technology leaders, identifying three key trends shaping the current environment:

Nearly all organizations’ tech operations are actively experiencing disruption: Only 12% of organizations reported no meaningful change to operations and planning over the last 90 days. Most IT leaders are actively managing pricing increases during procurement (59%); delivery and lead time delays (48%); and capacity challenges (34%). With manufacturing facilities that will alleviate strain at least 2-5 years from production, adapting to this structural shift will be an ongoing priority.

Organizations are stretching existing infrastructure, but few are delaying projects: Only 26% of respondents noted they were cancelling or delaying projects as a result of volatility, instead opting to shift workloads across their environment (48%) or increase focus on cost governance or consumption optimization (51%). Prioritizing how critical workloads run across existing infrastructure is critical to negating operational issues that may arise from technology headwinds.

The impact now extends beyond IT operations: 84% of respondents are concerned about supply chain volatility’s long-term impact, with most concerned about implications for tech roadmap planning (61%) and budget predictability (53%). While these board-level operational issues cause concern, nearly half of respondents (46%) flag these constraints could impact their organization’s ability to implement and execute AI initiatives.

RapidScale’s Infrastructure Intelligence practice helps organizations establish a fact-based view of current infrastructure spend, identify cost and capacity trade-offs, and build an executive-ready roadmap for modernization. The offering brings together RapidScale’s capabilities in cost transparency, hybrid optimization, VMware strategy, multi-cloud re-platforming and FinOps into a single operating model for aligning infrastructure decisions with business priorities. Combined with RapidScale’s one-to-one approach to partnership, these services enable businesses to thoughtfully and sequentially tackle their most pressing needs.

“It’s critical for businesses to treat infrastructure challenges as interconnected business issues, rather than isolated technology decisions,” said Jason McKay, chief solutions officer at RapidScale. “RapidScale’s Infrastructure Intelligence practice addresses these issues directly, giving technology, finance and executive leaders the visibility needed to strategically evaluate cost, capacity and modernization trade-offs with greater confidence.”

To learn more about Infrastructure Intelligence and how RapidScale helps organizations improve cost predictability and modernization planning, visit https://www.rapidscale.com/infrastructure-intelligence-assessment. To review the findings of RapidScale’s Infrastructure Intelligence Index report, visit https://www.rapidscale.com/blog/cloud/new-rapidscale-research-shows-infrastructure-volatility-is-reshaping-it-roadmaps

About RapidScale

RapidScale empowers business innovation through secure, scalable cloud solutions—driven by exceptional talent. We deliver managed, professional, and advisory services across private, public, and hybrid environments, enabling mid-market and enterprise organizations to extend their technology reach, activate change, and accelerate growth. Whether hosted, on-premises, or hybrid, our solutions are designed to meet the needs of our clients’ business outcomes—not just their infrastructure needs—ensuring each solution is bespoke, unbiased, and precisely aligned with client goals.

As a Broadcom Pinnacle Partner, AWS Premier Partner, Microsoft Azure Expert MSP, and certified Google Cloud Partner, RapidScale transforms complexity into agility. Our services span the full cloud lifecycle—from strategy to execution—with embedded cyber resiliency and AI-powered data insights that protect today’s operations and enable tomorrow’s competitive edge.

Through RapidScale, Cox Business, Segra, and Hospitality Network, Cox Communications provides a broad commercial solutions portfolio including advanced cloud and managed IT solutions and fiber-based network solutions that create connected environments, unique hospitality experiences and support diverse applications for nearly 370,000 businesses nationwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/rapidscale-launches-infrastructure-intelligence-practice-as-pricing-volatility-disrupts-it-planning-and-operations-302820853.html

SOURCE RapidScale

Continue Reading

Technology

CPSC Implements Mandatory eFiling for Certificates of Compliance, Targeting Dangerous Foreign Imports

Published

on

By

WASHINGTON, July 8, 2026 /PRNewswire/ — The U.S. Consumer Product Safety Commission (CPSC) announced that the Commission’s eFiling program is now in effect, requiring importers of regulated consumer products to submit compliance certificates electronically before products enter U.S. commerce.

The eFiling program enables CPSC to identify and target high-risk imported products more efficiently while reducing unnecessary inspections and delays for compliant importers. By allowing the agency to focus enforcement resources where they are most needed, eFiling helps keep unsafe products out of the U.S. marketplace while facilitating legitimate trade.

Today’s implementation represents one of the most significant modernization efforts in CPSC’s import surveillance program since the agency was established, providing CPSC with certificate information before products enter U.S. commerce. The program also supports closer coordination between CPSC and U.S. Customs and Border Protection, reinforcing a whole-of-government approach to protecting American consumers at the border.

“America faces an unprecedented surge in imported consumer products entering through increasingly complex global supply chains, including millions of direct-to-consumer shipments that often bypass traditional retail distribution. CPSC faces significant enforcement challenges, particularly where products originate from countries that do not comply with U.S. safety laws. eFiling brings CPSC’s import surveillance and targeting capabilities into the 21st century, enabling the agency to identify and interdict high-risk shipments earlier, keeping unsafe foreign-made products out of American homes, and leveling the playing field for American manufacturers and importers that follow the rules,” said CPSC Acting Chairman Peter A. Feldman.

“Let me be clear: eFiling does not apply to domestic manufacturers, including small businesses manufacturing in the United States. It creates no new testing, certification, or compliance obligations. Importers are already required by law to create and maintain this information. eFiling simply modernizes how the data is transmitted to CPSC,” he said.

The eFiling program is the culmination of more than a decade of development, including extensive industry testing through alpha and beta pilots conducted between 2016 and 2024, followed by a voluntary implementation period that allowed importers to develop and test their systems before today’s effective date.

Requirements applicable to consumer products imported into Foreign Trade Zones and later entered for consumption or warehousing will take effect on January 8, 2027.

More detailed information on the eFiling program is available at the links below:

eFiling – CPSC’s Modern Approach for Filing Certificate DataFinal Rule Implementing eFiling for Certificates of Compliance

About CPSC
CPSC is the federal agency charged with protecting the public from unreasonable risks of injury associated with thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. Since the agency was established more than 50 years ago, CPSC has worked to ensure the safety of consumer products, contributing to a decline in related injuries.

Federal law prohibits any person from selling products subject to a Commission-ordered recall or to a voluntary recall undertaken in consultation with CPSC.

For lifesaving information:
– Visit CPSC.gov.
– Sign up to receive our e-mail alerts.
– Follow us on Facebook, Instagram, X, BlueSky, Threads, LinkedIn and Truth Social.
– Report a dangerous product or a product-related injury on www.SaferProducts.gov.
– Call CPSC’s Hotline at 800-638-2772 (TTY 800-638-8270).
– Contact a media specialist.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cpsc-implements-mandatory-efiling-for-certificates-of-compliance-targeting-dangerous-foreign-imports-302820872.html

SOURCE U.S. Consumer Product Safety Commission

Continue Reading

Trending