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Colorado Springs is passing through a growing moment in foreclosure market. Nowadays, we have 310 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. Colorado Springs started September with 287 foreclosures available. October registered a fall to 287 homes, or 0.00%. The city had another down in November: 0.00%, leaving 287 properties in the market. Things got worse in December with a drop to 287 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Colorado Springs registered 300 foreclosures, a 4.53% increase comparing to December.
As for the cost, Colorado Springs has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Colorado Springs for $228,048, a value 33.55% above the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.