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Golden is passing through a down moment in foreclosure market. Nowadays, we have 324 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. Golden started September with 264 foreclosures available. October registered a rise to 452 homes, or 71.21%. The city had a down in November: -2.88%, leaving 439 properties in the market. Things got worse in December with a drop to 420 homes in foreclosure available (-4.33%). Opportunities kept scanty for buyers last month, with another fall, when Golden registered 332 foreclosures, a 20.95% drop comparing to December.
As for the cost, Golden has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Golden for $403,569, a value 136.34% above the US average price ($170,757), and a 3.55% decrease compared to the prices of January in the city.