Colorado has been the focus of dreams and hopes for many, from the early miners and ranchers who settled the Western and Eastern slope in search of riches and fame. Today, the economics of the nation and state have offered a new bonus to those with money to invest in foreclosures in Colorado. These homes are usually offered at below market prices, in all areas of the state. The best data to date comes from RealtyStore.com, which shows 2,538 cheap homes in the Centennial state of Colorado. Of these, the areas that show the most Colorado foreclosure listings are the following cities: Denver, Colorado Springs, Montrose and Canyon City. The zip codes show the areas of 81147, 81212, 81623 and 80901.
The economy has seen both boom and bust throughout the years and still people come to Colorado to see the Rockies and the Garden of the Gods area and to try the powder on the ski slopes across the state. Repossessed homes are found in many areas that are highly sought after by the new homeowner and the investor alike. Colorado foreclosure listings can offer a new homeowner with a number of advantages, among them the chance to live in a wonderful home close to the city yet close enough to the country to appreciate the mountains and plains.
For those able to take advantage of the REO housing and foreclosures in Colorado, the best is to come from living and working in Colorado. Affordable homes can be found in Colorado for the home buyer and investor both because the banks want to sell these homes often at a much better price then regular listings show.