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Burlington is passing through a growing moment in foreclosure market. Nowadays, we have 160 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. Burlington started September with 132 foreclosures available. October registered a rise to 134 homes, or 1.52%. The city had a down in November: -0.75%, leaving 133 properties in the market. Things got worse in December with a drop to 59 homes in foreclosure available (-55.64%). Opportunities went abundant for buyers last month, with a rise, when Burlington registered 141 foreclosures, a 138.98% increase comparing to December.
As for the cost, Burlington has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Burlington for $66,731, a value 60.92% below the US average price ($170,764), and a 7.33% increase compared to the prices of January in the city.