If you’re looking for big foreclosure deals, Florida may offer the most, according to a a new study by RealtyTrac. Palm Bay, Fla., topped its list of the best places to buy a foreclosure in 2013. .
Foreclosures accounted for nearly 24 percent of all sales in Palm Bay last year, and buyers tended to pay 28 percent less for a home in foreclosure than other homes. .
The following are the markets with the high number of foreclosures available and some of the largest price discounts for foreclosures, according to RealtyTrac..
• Palm Bay, Fla. Average foreclosure discount: 28 percent.
• Rochester, N.Y. Average foreclosure discount: 26 percent.
• Albany, N.Y. Average foreclosure discount: 35 percent.
• New York City. Average foreclosure discount: 40 percent.
• Lakeland, Fla. Average foreclosure discount: 15 percent.
• Tampa, Fla. Average foreclosure discount: 27 percent.
• Jacksonville, Fla. Average foreclosure discount: 32 percent.
• Poughkeepsie, N.Y. Average foreclosure discount: 28 percent.
• Orlando, Fla. Average foreclosure discount: 19 percent.
• Chicago. Average foreclosure discount: 46 percent.
Source: “Best Places to Buy Foreclosures,” CNNMoney .