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Morrison is passing through a stable moment in foreclosure market. Nowadays, we have 109 foreclosures available in the city. And compared to last month things kept the same for those who want to invest, with the same amount of foreclosures in the market and same chances of deals. Morrison started September with 116 foreclosures available. October registered a rise to 160 homes, or 37.93%. The city had a down in November: -7.50%, leaving 148 properties in the market. Things got worse in December with a drop to 134 homes in foreclosure available (-9.46%). Opportunities kept scanty for buyers last month, with another fall, when Morrison registered 109 foreclosures, a 18.66% drop comparing to December.
As for the cost, Morrison has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Morrison for $314,822, a value 84.38% above the US average price ($170,744), and a 4.92% decrease compared to the prices of January in the city.