Photos, Satellite Pictures or Area Images
Covington is passing through a growing moment in foreclosure market. Nowadays, we have 132 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. Covington started September with 120 foreclosures available. October registered a fall to 120 homes, or 0.00%. The city had a growth in November: 3.33%, leaving 124 properties in the market. Things got worse in December with a drop to 106 homes in foreclosure available (-14.52%). Opportunities kept scanty for buyers last month, with another fall, when Covington registered 98 foreclosures, a 7.55% drop comparing to December.
As for the cost, Covington has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Covington for $78,305, a value 54.14% below the US average price ($170,764), and a 0.14% decrease compared to the prices of January in the city.