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Conifer is passing through a down moment in foreclosure market. Nowadays, we have 114 foreclosures available in the city. And compared to last month things got more complicated for those who want to invest, with less foreclosures in the market and less chances of deals. Conifer started September with 73 foreclosures available. October registered a rise to 130 homes, or 78.08%. The city had a down in November: -3.08%, leaving 126 properties in the market. Things got worse in December with a drop to 123 homes in foreclosure available (-2.38%). Opportunities kept scanty for buyers last month, with another fall, when Conifer registered 115 foreclosures, a 6.50% drop comparing to December.
As for the cost, Conifer has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Conifer for $337,857, a value 97.88% above the US average price ($170,739), and a 1.57% decrease compared to the prices of January in the city.