Mono County Foreclosures
Unlike many of California's small counties with only one incorporated city, Mono County and the town of Mammoth Lakes have one of the most caught-after vacation home markets in the country. Therefore, Mammoth Lakes foreclosures are some of the best foreclosure properties in California's housing and property markets. Being one of the most popular ski and snowboard destinations in the nation, properties in Mammoth Lakes are less likely to decrease in value than any other vacation-based region of California. In addition to the high volume of vacation-rentals in Mammoth Lakes, the volume of full-time residents has continued to grow and therefore has set up an infrastructure within the city amongst those who stay when the snow has melted. Mammoth Lakes foreclosure properties may not be particularly accessible because of the high median value of all properties and residences, however the return investment guarantees decades of steady increases through either consistently appreciating home value or the high demand for vacation rentals. The small square mileage of Mammoth Lakes also means that every property is within just a few minutes of the city's many attractions. |
