Hi there, lets take a closer look at what is happening on the market locally. Yet again there are plenty of great investments out there and most of them foreclosures or as they call them in the industry REO (Real Estate Owned. There is a variety of product available, from condominiums and town homes to single family homes and even land opportunities to allow you to build your dream house in the beautiful Yampa Valley. The amount of foreclosures doesn't surprise me as Routt County did beat the all time record for foreclosure filings in September of 2010 with 3 months still to go and finished the year with around 300 foreclosure filings or like they call them in the industry NED (Notice of Elect and Demand). Only in the month of January of 2011 we've had over 60 NED fillings. Those numbers might not sound like a lot to you, especially if you reside in one of our metropolitan areas, but for the small Routt County with its 25000 or so in total population, that is a HUGE number.
To take a closer look at the investments that sold this week, please click here And if you'd like to see the Top Picks and all the wonderful opportunities that the Steamboat Springs, CO market has to offer, please click here.
