State foreclosures highest in U.S. again
For the past 6 months, Colorado has had the highest foreclosure rate in the country with 5,928 active foreclosures reported as of June 2006. That amounts to 1 in every 280 homes in our state in foreclosure. *
*Source: Rocky Mountain News, John Rebchook, July 13, 2006
Market Facts
Ø You don’t have to be wealthy to invest in Real Estate. You can purchase an investment property with a minimal down payment and in many cases the Seller will pay your closing costs!
Ø Interest Rates are still low, even for investors.
Ø Increasing foreclosures have led to a higher demand for available rental properties.
Market conditions make it a great time to start investing!
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