Foreclosures houses offer you the best opportunity to gain possession of a home at a discounted price. With foreclosure prices reduced by up to 14.04% now is a great time to invest in a home. However foreclosure trends seem to be changing day by day but in general the first quarter of 2009 has proven to be fruitful for those looking to purchase a cheap home.

Texas is one place where you should definitely look to for buying yourselves cheap foreclosure houses. Johnson, Tarrant and Denton in particular have a large number of homes going up on auctions. The El Paso and Hudspeth chunk also has some excellent deals up at bay. However Harris tops the list with around 2202 homes going up on foreclosure auctions. Dallas is next with 1480 foreclosure houses followed by Bexar at 971.

The Old Line State of Maryland is another region where you should look to. The region has a total of 600 excellent foreclosed properties up for grabs at the moment. Maryland provides an excellent investment opportunity for home owners and investors alike. You will be able to find a host of federal homes, bank foreclosures, and government owned REO, distressed properties and commercial foreclosures within the region.

An overwhelming number of houses are going up on foreclosure auctions in California. This is one place where you can expect to make big savings. California foreclosure listings are extensive with large numbers of repo homes and foreclosures houses available throughout the region. The Golden State as it is known provides a golden investment opportunity with its 768 foreclosures and an astounding 68,000 pre-foreclosed properties up for grabs.

The Sunshine State of Florida also welcomes home owners and investors to take their pick from the collection of over 1000 foreclosed properties. As it is the state is known for attracting a large number of tourists and picking up a decent home at a discounted price can prove to be very fruitful in the future. North Carolina is also worth exploring for cheap foreclosures houses.