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Longmont is passing through a growing moment in foreclosure market. Nowadays, we have 173 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. Longmont started September with 150 foreclosures available. October registered a rise to 206 homes, or 37.33%. The city had a down in November: -9.71%, leaving 186 properties in the market. Things got worse in December with a drop to 161 homes in foreclosure available (-13.44%). Opportunities went abundant for buyers last month, with a rise, when Longmont registered 168 foreclosures, a 4.35% increase comparing to December.
As for the cost, Longmont has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Longmont for $270,832, a value 58.61% above the US average price ($170,751), and a 3.10% decrease compared to the prices of January in the city.