As of Dec 19 we have about 900 Single Family Detached, with 120 under contract. So of 911 homes only 29 are bank owned/REO, and 10 of those are under contract. There are much higher foreclosure rates East of us, in Weld County. When staggering numbers of Weld are added.2500 sfd currently on the market, only a 100 under contract and Bank Owned?.... 349!, Lumping the two locales together paints an inaccurate picture of our market.
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