Washington Foreclosures for Sale

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The State of Washington is a leading lumber producer. The whole state is rich in hemlock, pine, larch, spruce and cedar. It also is the #1 leader in crops such as dry edible peas, raspberries, asparagus and grapes as well as many others. Commercial fishing, including bottomfish, halibut and salmon, contributes significantly to the economy. Residents love the endless green, the mountains including Mt. Rainier, Puget Sound, the Space Needle, Ocean Shores, great Blues clubs and the mostly mild weather. Money Magazine has indicated that Washington is one of their best places to live. America's Health Rankings Report ranked Washington as the 11th healthiest state in the country. According to RealtyTrac data, foreclosures are going at an average of 32% off of retail statewide. The wonderful beauty of the state is one of the many reasons that investing in Washington foreclosures for sale is appropriate for any family. Some of the best cities to live in are Seattle and Spokane.

Seattle, Washington residents enjoy an unemployment rate that is an astoundingly low 3.6% but the cost of living is 20% above the national average. Foreclosures in the area are going at about 36% below retail prices according to RealtyTrac data. Seattle was named 37th in Milken Institute's 200 Best-Performing Cities list in 2010. This ranking is gained by how well the city is maintaining economic growth and creating and sustaining jobs. Magnolia, Ballard, West Seattle and Queen Anne are just a few of the popular neighborhoods in Seattle. Queen Anne has some of the best views in the city and is on one of Seattle's highest points. West Seattle is one of the city's hillier neighborhoods and is home to several beach parks and the neighborhood has a very lively business district. Ballard is the center of Seattle's fishing industry and Magnolia is the second largest Seattle neighborhood by area. Magnolia is a hilly peninsula bordered by Elliot Bay to the South and Salmon Bay to the North.

Spokane, Washington residents enjoy a cost of living that is 9% below the national average and they have a low unemployment rate of 6%. With an average sales price of $143,000, foreclosures are going at about 18% off of retail prices. Some of the best neighborhoods are South Indian Trail, Five Mile Prairie and Minnehaha. The South Indian Trail neighborhood was once a major Native American thoroughfare and today the area is comprised of middle to upper-middle class homes. Five Mile Prairie is a cliff-ringed mesa which is five miles north of downtown Spokane and it is one of the city's newer residential areas. Minnehaha is known for its granite climbing rocks and the John H. Shields Park which provides a large amount of biking and hiking trails. Minnehaha is a popular getaway for city residents because of the swimming holes, small parks and the Centennial Bike Trail.

There are numerous small towns and large urban areas in Washington that cater to any and every price range. Since foreclosures are going at an average of 32% savings statewide, it is a primo time to invest in a future in the beautiful state of Washington.