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Brighton is passing through a growing moment in foreclosure market. Nowadays, we have 489 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. Brighton started September with 393 foreclosures available. October registered a rise to 522 homes, or 32.82%. The city had a down in November: -9.96%, leaving 470 properties in the market. Things got worse in December with a drop to 436 homes in foreclosure available (-7.23%). Opportunities went abundant for buyers last month, with a rise, when Brighton registered 477 foreclosures, a 9.40% increase comparing to December.
As for the cost, Brighton has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Brighton for $243,347, a value 42.50% above the US average price ($170,764), and a 0.98% decrease compared to the prices of January in the city.