Pleasant Hill is a bedroom community located to the East of San Francisco Bay. Foreclosure Activity in Pleasant Hill for Notice of Default filings increased by 100 while Note of Sales declined by 22% compared to April 2012. This means that there should be more Pleasant Hill REOs, Short Sales and Auction Homes coming in late 2013 and early 2014.
Now that we know that volume of Pleasant Hill Short Sales, Pleasant Hill REOs and Pleasant Hill Auction Homes will in the coming month, let’s find out how competitive the prices are at the Court House for you to acquire rental properties at a discount.The chart blow clearly indicate that the Opening Bids declined by 62% indicating potential for some neat catches opportunities specially since the Winning Bids have also declined by %51%.
So, our conclusions are that if you are looking to generate passive income from Residential Real Estate, Pleasant Hill is a good place to focus for the balance of 2013 and 2014.
You can start your search for Foreclosure Listing page to locate Short Sale, REO and Auction properties in Pleasant Hill. Click below to get a FREE eBook to receive a report on the impact of Foreclosures on your Redwood City home’s value.