Top ten foreclosure markets for new homebuyers.

[gromicko (Nick Gromicko, CMI)]

Some real estate markets are better than others for first time homebuyers looking for a foreclosure bargain. RealtyTrac compiled the top 10 metropolitan foreclosure markets for first time buyers:

1. Tucson, Ariz.
   

2. Reno, NV
   

3. St. Louis, MO
   

4. Columbia, S.C.
   

5. Fresno, Calif.
   

6. Gainesville, GA
   

7. Redding, Calif.
   

8. Visalia, CA
   

9. Las Vegas, NV
   

10. Myrtle Beach, S.C.

At $124,100, the Fresno metro area had the highest average sales price of any market on the list. St. Louis posted the lowest price at $85,230.