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Louisville is passing through a growing moment in foreclosure market. Nowadays, we have 103 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. Louisville started September with 31 foreclosures available. October registered a rise to 40 homes, or 29.03%. The city had another growth in November: 35.00%, leaving 54 properties in the market. Things got better in December with a increase to 67 homes in foreclosure available (24.07%). Opportunities kept abundant for buyers last month, with another rise, when Louisville registered 89 foreclosures, a 32.84% increase comparing to December.
As for the cost, Louisville has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Louisville for $81,725, a value 52.14% below the US average price ($170,764), and a 0.00% decrease compared to the prices of January in the city.