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 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, .
Sylmar, CA Foreclosures
How much do homes sell for in Sylmar, CA?
The average home price is currently $811,172.
What’s the average rental cost in Sylmar, CA?
The average rental price in Sylmar is $2,580.
What is the most expensive home in Sylmar?
The most expensive home sold in Sylmar had a price of $77,388,024.
What is currently the cheapest priced home in Sylmar, CA?
The cheapest home for sale in Sylmar is priced at $89,635.
Living in Sylmar, CA
Sylmar, CA, offers a unique blend of suburban tranquility and urban convenience, perfect for families and outdoor enthusiasts. With picturesque parks and proximity to the Angeles National Forest, residents enjoy plenty of recreational activities. The neighborhood features essential amenities, educational institutions, and vibrant community events, making it an ideal place to call home.
Current Market Conditions in Sylmar, CA
The real estate market in Sylmar, CA, is currently experiencing a surge in interest due to its affordability compared to nearby Los Angeles areas. The demand for homes has increased, resulting in a stable appreciation in property values. As more families are drawn to the area for its schools and parks, the market continues to strengthen, making it a viable option for both buyers and investors.
Properties in Sylmar typically sell quickly, often receiving multiple offers, indicating a competitive market. The area is also seeing an uptick in new developments, which provides more housing options for prospective buyers.
Home Value Estimator For Sylmar, CA
There are currently 20,980 real estate properties
in Sylmar, CA,
with a median automated valuation model (AVM) price
of $780,286.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sylmar, 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 Sylmar, CA,
is $811,172.00, with the most expensive house
in Sylmar, CA, topping out
at $77,388,024.00 and the cheapest home
in Sylmar, CA,
clocking in at $89,635.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sylmar, CA!
Rent Prices
In Sylmar, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sylmar, CA, is on
a rollercoaster ride. The
average rent price in Sylmar, CA,
is $2,580.00. Indeed, when looking to rent in
Sylmar, CA, you can expect to pay as little
as $1,350.00 or as much
as $5,640.00,
with the average rent median estimated to
be $2,660.00. The good news is that finding
an affordable and desirable property to rent in Sylmar, 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
