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Decatur is passing through a growing moment in foreclosure market. Nowadays, we have 186 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. Decatur started September with 156 foreclosures available. October registered a rise to 189 homes, or 21.15%. The city had a down in November: -19.05%, leaving 153 properties in the market. Things got worse in December with a drop to 112 homes in foreclosure available (-26.80%). Opportunities went abundant for buyers last month, with a rise, when Decatur registered 122 foreclosures, a 8.93% increase comparing to December.
As for the cost, Decatur has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Decatur for $52,943, a value 69.00% below the US average price ($170,764), and a 9.15% decrease compared to the prices of January in the city.