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Effect of Foreclosures in Colorado

by Alan Daniels

Home values are on the rise in Colorado putting us at the lowest foreclosure levels in approximately 8 years!  Colorado has one of the lowest rates for foreclosure around the nation which has contributed to the states extremely low housing inventory.  Great news for those looking to sell their home as we have all seen those frustrating sales in our neighborhood where the banks gave away properties at a super low price.  Have you seen the latest sold properties in your neighborhood? I bet you'd be presently surprised.  Click here to view home values in your neighborhood.

Colorado Springs Foreclosures

Click Here to see all Colorado Springs Foreclosures For Sale

Decline in Colorado Springs Foreclosures

by Alan Daniels

​Colorado Springs Foreclosures are down 11% from last month according to an article in The Gazette and are on a roll to be at the lowest level in 14 years.  This is a great sign for the market and is a product of the much improved Colorado Springs real estate market.  A better job market, increased property values, lack of supply, and increase in housing demand are the main reasons for this great news.  

This is great news for homeowners trying to avoid foreclosure who are listing homes with Colorado Springs Short Sale Agents.  Short sales are still hitting the market but the number has gone down following the trend of foreclosures.

This is bad news for investors trying to find Colorado Springs Foreclosures and Short Sales but if they use the right tools to get a jump on listings they should have a chance.

Resources and Tools:

 

Colorado Springs Foreclosures List - January

by Alan Daniels

There are currently 123 designated Foreclosures for sale in Colorado Springs and surrounding areas.  Up from 121 last month but lookout for more of an increase of inventory moving into the Spring.  21 foreclosures on the list are brand new to the market and 15 just had recent price reductions.  Foreclosures in this market are currently priced from $1 to $699,000. 

Be sure to check out the 123 available foreclosure properties instantly by clicking on the box below

Click Here for the Most Updated List of Foreclosures with All Details and Photos

Colorado Springs Foreclosures List

by Alan Daniels

There are currently 121 designated Foreclosures for sale in Colorado Springs and surrounding areas.  4 of which are brand new to the market and 16 with recent price reductions.  Foreclosures in this market are priced from $1 to $619,000.  Note that $1 indicates that the property is up for auction which typically has a much higher reserve price.  Be sure to check out the 121 available foreclosure properties instantly by clicking on the box below

Click Here for the Most Updated List of Foreclosures with All Details and Photos

Displaying blog entries 1-4 of 4

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