Majority of homebuyers in Arizona still prefer Sheriff sale homes and other affordable residential properties, like distressed dwellings. Housing sales data for the state showed that luxury dwelling sales have lagged cheaper houses in the past few months.

Realtors expect that more people will purchase homes in Wisconsin in the coming months and even buy a short sale as interest rates remain low and residential property supplies offer vast choices. In some areas of the state, buyers have already started taking advantage of the buyer's market as shown by increasing sales figures.

For those who are planning to buy tax lien homes and other low-priced distressed dwellings in Cincinnati, January was a good month as more options were made available in the city. Foreclosure-related filings in the area increased last month after two consecutive months of decline.

Oversupply of bank foreclosures and distressed homes also hit the state of Kentucky, but the region was able to withstand it better than nearby states if the number of empty subdivisions is anything to go by. Local realtors reported that not a lot of big-budgeted subdivision developments occurred in the area during the real estate boom.

The rise in the number of Sheriff house auctions and foreclosures last year has resulted in more people being ordered to leave their homes in Chicago, Illinois. According to housing analysts, the increased number of evictions not only harmed families, but also neighborhoods left with empty and abandoned properties.

Sales of residential properties, including government home foreclosures, increased in some areas of Alabama during January 2011 when compared with the same 2010 month. Prices also improved in certain areas, with Madison County recording increases in both sales and median selling prices.

The Attorney General's Office of Utah has submitted a filing to the courts to try to stop thousands of properties from entering the foreclosure process. The case was against the Bank of America unit, ReconTrust Co. According to the AG Office, Recon is in violation of the law and should not be allowed to conduct sales of foreclosed properties in the state.

Sales of existing houses, including those offered at foreclosure auctions, declined in Washington State during the October-December 2010 quarter when compared with the same 2009 quarter. Housing market analysts stated that the decline might be due to 2009 figures being inflated by the federal government's tax credit.

The number of foreclosed properties, including condo foreclosures, declined in Detroit, Michigan, last month. The January 2011 decrease in foreclosure numbers was the second successive monthly decline for the metro area. The January drop followed an almost 30% foreclosure decline recorded in December 2010.

Even without the U.S. federal government's tax credit program, some areas in Texas were able to record a drop in foreclosure numbers for the first quarter of 2011. Both Collin and Dallas Counties posted lower foreclosure totals for the first three months, but analysts stated that this might just be temporary as figures are expected to rise again this year.