In the fourth quarter of 2012, the average price discount for a Dallas-area foreclosed home reselling to new owners accounted for 18%, which is much less compared to cities such as Philadelphia or Baltimore where foreclosure markdowns represent more than 30%, according to FNC Inc. 

"Foreclosure prices have bottomed out in recent months and the foreclosure market has stabilized while underlying home values are rising," said researchers with the mortgage firm. "Foreclosure prices are at a 10-year low when the sizes of foreclosed homes are factored in."