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Palmdale is passing through a growing moment in foreclosure market. Nowadays, we have 126 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. Palmdale started September with 185 foreclosures available. October registered a fall to 167 homes, or -9.73%. The city had another down in November: -9.58%, leaving 151 properties in the market. Things got worse in December with a drop to 123 homes in foreclosure available (-18.54%). Opportunities kept scanty for buyers last month, with another fall, when Palmdale registered 71 foreclosures, a 42.28% drop comparing to December.
As for the cost, Palmdale has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Palmdale for $145,489, a value 14.80% below the US average price ($170,757), and a 7.49% increase compared to the prices of January in the city.