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Oakland is passing through a growing moment in foreclosure market. Nowadays, we have 128 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Oakland started September with 103 foreclosures available. October registered a fall to 103 homes, or 0.00%. The city had another down in November: 0.00%, leaving 103 properties in the market. Things got worse in December with a drop to 103 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Oakland registered 122 foreclosures, a 18.45% increase comparing to December.
As for the cost, Oakland has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Oakland for $188,201, a value 10.22% above the US average price ($170,751), and a 100.00% decrease compared to the prices of January in the city.