Bank Owned Properties are Scarce in Los Angeles

If you have been waiting to North East Los Angeles (NELA) home in hopes of picking up a distressed property, you might want to rethink that strategies.  As the economy improves, the distressed home inventory continues to evaporate.  Distressed property listings have been steadily dropping for the last four years.  Take a look at this infographic. A mere .5% of homes in California are in foreclosure. Foreclosure listings continue to decline If you are looking to buy a home in Los Angeles, don't wait. Talk to an experience agent who knows how to find the right properties and can negotiate the best deal for you. I'm just a phone call away: 213-215-4758 Jenny Durling L.A. Property Solutions

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