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Hollywood is passing through a growing moment in foreclosure market. Nowadays, we have 225 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. Hollywood started September with 125 foreclosures available. October registered a fall to 125 homes, or 0.00%. The city had a growth in November: 21.60%, leaving 152 properties in the market. Things got better in December with a increase to 172 homes in foreclosure available (13.16%). Opportunities kept abundant for buyers last month, with another rise, when Hollywood registered 201 foreclosures, a 16.86% increase comparing to December.
As for the cost, Hollywood has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Hollywood for $121,835, a value 28.65% below the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.