This is a ploy from RealtyTrac to get you to sign up for their services. This home may be bank owned, but may not be on the market and the price indicated is not necessarily the price it will be offered for.
If you want to buy a foreclosure, you either need to have the cash and attend the auctions or work with a great local agent who can help you find the listed bank owned homes. My suggestion is not to focus on foreclosures or other distressed properties unless you are an investor. For your primary residence, consider everything. Some owner occupied homes listed for sale may have motivated sellers just waiting for someone to write an offer.