Million Dollar Foreclosures in Colorado Springs

Are there million dollar foreclosures in the Colorado Springs real estate market? You Betchya!

The Colorado Springs Real Estate Connection keeps a close eye on foreclosures in Colorado Springs. From January to August of 2008, Colorado Springs has already had 3,144 foreclosure starts. (A foreclosure start is when a bank starts the foreclosure process on a home. In many cases, the foreclosure will not go through because the homeowner either sells or redeems the property before the foreclosure sale date.)

I was reading a recent MSNBC news article about million dollar foreclosures where I found this quote: “According to RealtyTrac, the number of homes valued at more than $1 million that are in some stage of foreclosure has swelled to 7,968 between January and August. That compares with 4,214 during the same period last year.”

There are not a lot of million dollar homes for sale in the Colorado Springs real estate market, and I was curious to see if any of them were in some stage of foreclosure. So, I checked into the local MLS, to see how many million dollar Colorado Springs foreclosures we had listed.

There are actually several Million Dollar Foreclosures in Colorado Springs and Surrounding Areas. Check it out …

The availability of the properties listed on this map are updated daily.

Please contact the Wagner iTeam on the specific processes needed to make an offer on one of these homes.

Contact the Wagner iTeam at Keller Williams Realty
for more information on Million Dollar Foreclosures in Colorado Springs
[email protected]