We haven’t seen many foreclosures or bank owned homes in the past few years but the recent listing of 4174 W 141st Street in Hawthorne. This was an online auction situation and they had over 15 bids. The big question is whether we’ll start seeing additional distressed sales in the next year. People and mortgages are under real pressure at the moment. Hopefully there’s a positive solution but it seems pretty clear that there will be some downward pressure on the market.
View any and all distressed sales in the South Bay