Bakersfield is passing through a growing moment in foreclosure market. Nowadays, we have 240 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. Bakersfield started September with 346 foreclosures available. October registered a fall to 294 homes, or -15.03%. The city had another down in November: -6.46%, leaving 275 properties in the market. Things got worse in December with a drop to 209 homes in foreclosure available (-24.00%). Opportunities kept scanty for buyers last month, with another fall, when Bakersfield registered 156 foreclosures, a 25.36% drop comparing to December.
As for the cost, Bakersfield has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Bakersfield for $133,788, a value 21.65% below the US average price ($170,764), and a 0.88% decrease compared to the prices of January in the city.



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