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Cincinnati 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. Cincinnati started September with 39 foreclosures available. October registered a fall to 39 homes, or 0.00%. The city had another down in November: 0.00%, leaving 39 properties in the market. Things got better in December with a increase to 58 homes in foreclosure available (48.72%). Opportunities kept abundant for buyers last month, with another rise, when Cincinnati registered 86 foreclosures, a 48.28% increase comparing to December.
As for the cost, Cincinnati has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Cincinnati for $52,684, a value 69.15% below the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.