Real Estate Trends, Real Estate in US

Summit county Colorado real estate

The real estate market is going through volatile and turbulent times. The Colorado real estate market is no exception to the trend. For the year closing Dec 2007, a 40% jump has been reported in the foreclosures. That’s around 40,000 in absolute terms. To the director of Colorado Division of Housing, this was a setback since the expectations were hovering around 30%. If you the take the base year as 2003, that’s a straight 190% increase in foreclosures.

On the other hand the foreclosure sales stand at around 25000 (in absolute figures). So, that’s a 45% YoY increase. With so much churning happening in the market, it’s a good time for a cash surplus investor to park his funds in real estate. The Breckenridge Colorado real estate for sale presents such an opportunity for smart investments into real estate property. If your investment horizon is long term then this is the time to go for the kill. Invest smart for a smart ROI.

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