Avoid Foreclosure in Denver

By teamcox • February 7th, 2010

Denver recently tied for 6th place with Los Angeles in CNBC’s, “The Best US Cities to Buy a Foreclosed Home.” The study found that the average foreclosure discount in Denver is 27%, and that the number of foreclosures as a % of resales is 25%. The non-foreclosure median price is $225,000, compared to the foreclosure median price of $135,000.

This is good news for Denver homebuyers since foreclosures are often a great value. On the flip side, foreclosures are a drag on the health of the Denver real estate market, and they present tough competition to Denver sellers. If you are facing foreclosure in the Denver area, please contact TeamCox Realtors at 303-400-6060. We are Certified Distressed Property Experts, or CDPE, who are trained to helped distressed homeowners avoid foreclosure in Denver.

Avoid Foreclosure in Denver

TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.

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