Mary & Dick's Blog

Foreclosed Homes for Sale in Fort Collins CO - December 2012

This is the December 2012 Market Report for

Foreclosed Homes for Sale in Fort Collins CO.

Home buyers searching for a nice home at a great price will want to take a close look at Foreclosed Homes for Sale in Fort Collins CO. The process of purchasing a foreclosed home is straight-forward and relatively simple, and is very similar to the purchase of any resale property.

December 2012 Fort Collins CO Foreclosures

There is a limited amount of current inventory of foreclosed homes in the Fort Collins CO real estate market, with only 42 homes for sale, ranging in price from $57,570 to $1,499,900. However, it is still worth the time to check out this category - there are still some real bargains available.

So far in 2012, the foreclosed home segment of the Fort Collins CO real estate market has been reasonably vigorous, in spite of its limited market share – there have been 159 sales of foreclosed homes, with prices ranging from $25,000 to $1,249,000 with a median price of $175,199, and an average price of $201,303. Average days to get an offer for the homes that sold has been 65 days, with an average days on the market of 87. These 159 homes sold for an average of 98.7% of listing price.

If you are curious about foreclosed homes, we would be happy to help you keep on top of the limited inventory - let us know and we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted.

And if you see something that you sparks your curiosity, please give us a call - we’d be happy to show any of these homes to you at your convenience.

Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

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Data Source: IRES MLS

Comment balloon 5 commentsDick Greenberg • December 20 2012 08:10AM

Comments

Looks like some good opportunities.  I love Fort Collins.  Such a beautiful community.

Posted by Linda Calhoun, Selling Red River since 1962! (Calhoun Real Estate) almost 7 years ago

Great deals still available in Fort Collins Colorado as 2012 comes to a close. It's a great time to explore your options - especially with Mary and Dick as your guides.

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORSĀ® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) almost 7 years ago

Hi Linda & Debb - Thanks for taking the time this morning to comment on my foreclosed homes market report for Fort Collins. We seeing this market segment steadily decline in size - a very good sign as our reegional economy regains some momentum.

Posted by Dick Greenberg, Northern Colorado Residential Real Estate (New Paradigm Partners LLC) almost 7 years ago

Dick, there is no question that I would call you and Mary if I was interested in purchasing a Fort Collins foreclosure or non-foreclosure.  The shape of your foreclosure graph is very similar to ours.  It's a market I follow carefully with daily auto e-mails to myself.  When our market began improving the lenders were the first ones to respond by increasing the prices of their REOs.

Were you a grad student at UCLA the day CA was predicted to fall into the Pacific?  None of my TAs showed up to teach on that day. Probably went to Vegas.

Posted by Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411 (Certified Realty Services) almost 7 years ago

Hi Dick - very similar to our market as well.   The frustration for some buyers purchasing a bank owned property is the possibility that a bank will not respond as quickly as a standard/equity sale but there can be some good opportunities available for patient buyers.   

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 almost 7 years ago

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