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Denver is passing through a growing moment in foreclosure market. Nowadays, we have 1053 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Denver started September with 1150 foreclosures available. October registered a rise to 1226 homes, or 6.61%. The city had a down in November: -13.87%, leaving 1056 properties in the market. Things got worse in December with a drop to 925 homes in foreclosure available (-12.41%). Opportunities went abundant for buyers last month, with a rise, when Denver registered 1028 foreclosures, a 11.14% increase comparing to December.
As for the cost, Denver has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Denver for $181,743, a value 6.43% above the US average price ($170,764), and a 0.83% decrease compared to the prices of January in the city.