Reasons to Move to Los Angeles County, CA
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Los Angeles County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Los Angeles County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Los Angeles County,
Our extensive database in Los Angeles County includes 7 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Los Angeles County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Los Angeles County, CA
How do you know that living in—or moving to— Los Angeles County is the right choice for you? Perhaps you grew up in Los Angeles County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Los Angeles County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Los Angeles County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Los Angeles County, .
Lakewood, CA Foreclosures
How much do homes sell for in Lakewood, CA?
The average home price is currently $913,288.
In Lakewood, CA, how many homes are available?
There are currently 7 active home listings available in Lakewood.
What’s the average rental cost in Lakewood, CA?
The average rental price in Lakewood is $2,504.
What is the most expensive home in Lakewood?
The most expensive home sold in Lakewood had a price of $30,945,866.
What is currently the cheapest priced home in Lakewood, CA?
The cheapest home for sale in Lakewood is priced at $246,275.
Living in Lakewood, CA
Lakewood, CA, is a family-friendly suburban city in Los Angeles County known for its excellent schools, parks, and active community life. The city features a variety of amenities and recreational opportunities, making it ideal for families and individuals. With convenient access to major highways and public transport, Lakewood offers an appealing mix of suburban living with proximity to urban centers.
Current Market Conditions in Lakewood, CA
Lakewood's real estate market has remained stable, with a steady demand for single-family homes and townhouses. The suburban appeal combined with excellent schools and parks continues to draw families and young professionals, which keeps home values relatively strong. Real estate experts predict that this trend will continue as the area's reputation grows.
As of the latest data, the market is witnessing a slight increase in home prices due to limited inventory compared to buyer demand, creating a competitive marketplace for home buyers.
Home Value Estimator For Lakewood, CA
There are currently 23,628 real estate properties
in Lakewood, CA,
with a median automated valuation model (AVM) price
of $869,050.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lakewood, CA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lakewood, CA,
is $913,288.00, with the most expensive house
in Lakewood, CA, topping out
at $30,945,866.00 and the cheapest home
in Lakewood, CA,
clocking in at $246,275.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lakewood, CA!
Rent Prices
In Lakewood, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lakewood, CA, is on
a rollercoaster ride. The
average rent price in Lakewood, CA,
is $2,504.00. Indeed, when looking to rent in
Lakewood, CA, you can expect to pay as little
as $1,400.00 or as much
as $6,500.00,
with the average rent median estimated to
be $2,490.00. The good news is that finding
an affordable and desirable property to rent in Lakewood, CA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
