Miami is passing through a growing moment in foreclosure market. Nowadays, we have 528 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. Miami started September with 466 foreclosures available. October registered a fall to 466 homes, or 0.00%. The city had another down in November: 0.00%, leaving 466 properties in the market. Things got worse in December with a drop to 466 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Miami registered 502 foreclosures, a 7.73% increase comparing to December.
As for the cost, Miami has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Miami for $137,693, a value 19.39% below the US average price ($170,808), and a 100.00% decrease compared to the prices of January in the city.



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