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Rockford is passing through a growing moment in foreclosure market. Nowadays, we have 112 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. Rockford started September with 59 foreclosures available. October registered a rise to 76 homes, or 28.81%. The city had a down in November: -7.89%, leaving 70 properties in the market. Things got worse in December with a drop to 56 homes in foreclosure available (-20.00%). Opportunities went abundant for buyers last month, with a rise, when Rockford registered 67 foreclosures, a 19.64% increase comparing to December.
As for the cost, Rockford has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Rockford for $153,090, a value 10.35% below the US average price ($170,764), and a 29.16% decrease compared to the prices of January in the city.