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Longmont is passing through a growing moment in foreclosure market. Nowadays, we have 169 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. Longmont started September with 157 foreclosures available. October registered a rise to 213 homes, or 35.67%. The city had a down in November: -9.86%, leaving 192 properties in the market. Things got worse in December with a drop to 166 homes in foreclosure available (-13.54%). Opportunities kept scanty for buyers last month, with another fall, when Longmont registered 166 foreclosures, a 0.00% drop comparing to December.
As for the cost, Longmont has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Longmont for $396,245, a value 132.07% above the US average price ($170,744), and a 4.55% decrease compared to the prices of January in the city.