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Milwaukee is passing through a growing moment in foreclosure market. Nowadays, we have 182 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. Milwaukee started September with 113 foreclosures available. October registered a fall to 113 homes, or 0.00%. The city had another down in November: 0.00%, leaving 113 properties in the market. Things got worse in December with a drop to 113 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Milwaukee registered 161 foreclosures, a 42.48% increase comparing to December.
As for the cost, Milwaukee has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Milwaukee for $70,119, a value 58.94% below the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.