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Arvada is passing through a growing moment in foreclosure market. Nowadays, we have 612 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. Arvada started September with 518 foreclosures available. October registered a rise to 684 homes, or 32.05%. The city had a down in November: -12.72%, leaving 597 properties in the market. Things got worse in December with a drop to 541 homes in foreclosure available (-9.38%). Opportunities went abundant for buyers last month, with a rise, when Arvada registered 603 foreclosures, a 11.46% increase comparing to December.
As for the cost, Arvada has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Arvada for $259,697, a value 52.08% above the US average price ($170,764), and a 1.64% decrease compared to the prices of January in the city.