12 Cities Where You Can Get Great Deals On Foreclosures In 2013

Foreclosure activity increased in 120 of the 212 biggest metropolitan real estates, according to RealtyTrac's latest foreclosure report.

Foreclosure activity increased in eight of the 20 largest metros in the country, said the report, led by Tampa, Miami, Baltimore, Chicago and New York.

Florida cities accounted for eight of the top 20 foreclosure rates in the country.

We drew on the report to highlight the 12 metros with foreclosure savings higher than 30 percent.

Tampa-St. Petersburg-Clearwater, Florida

Foreclosure savings:
26.64 percent

Time to sell existing inventory:
32 months

Foreclosures activity increased by 80.16%on the year in 2012.

Source: RealtyTrac

Albany-Schenectady-Troy, New York

Foreclosure savings:
28.05 percent

Time to sell existing inventory:
86 months

Foreclosures activity increased by 107.72%on the year in 2012.

Source: RealtyTrac

Jacksonville, Florida

Foreclosure savings:
32.29 percent

Time to sell existing inventory:
34 months

Foreclosures activity increased by 51.36%on the year in 2012.

Source: RealtyTrac

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