Realty Trac and others of their ilk are not listing sites. They publish notices of default & foreclosure from the public records and publish them in hopes that some fish will bite and pay for their information that is available for free. Most if not all of these properties are not even on the market yet as they have not yet foreclosed. Their "listing prices" are usually just the amount of an outstanding loan balance. When these houses do foreclose,they willl be listed at market value which will be determined at that time. One of the regular posters here calls this site "Realty Crap" and I concur.