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Wednesday, June 19, 2013 | 1:07 p.m.

Updated: 3:43 p.m. Wednesday, March 6, 2013 | Posted: 3:36 p.m. Wednesday, March 6, 2013

Report: Dayton great for foreclosed home deals

The Dayton metro area is the second-best metro in the nation for getting a good deal on a foreclosed home, just behind Cleveland, a foreclosure tracking firm said Wednesday.

The average price of a foreclosed, or bank-owned, home in the Dayton area during the fourth quarter of 2012 was $50,579, according to RealtyTrac, an Irvine, Calif.-based provider of information about foreclosed properties. That represented a 57 percent discount from the average price paid for “non-distressed” homes in the area.

Sales of foreclosed homes in the Dayton area skyrocketed last year, rising 123 percent during the fourth quarter of 2012 compared with the same period in 2011, RealtyTrac said.

Beside Dayton and Cleveland, other cities for good deals on foreclosed homes include Charlotte, N.C.; Daytona Beach, Fla.; Memphis, Tenn.; and Chicago, the firm said.

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