Los Angeles is passing through a growing moment in foreclosure market. Nowadays, we have 291 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. Los Angeles started September with 236 foreclosures available. October registered a fall to 236 homes, or 0.00%. The city had another down in November: 0.00%, leaving 236 properties in the market. Things got worse in December with a drop to 236 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Los Angeles registered 278 foreclosures, a 17.80% increase comparing to December.
As for the cost, Los Angeles has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Los Angeles for $236,002, a value 38.20% above the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.



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