If you’re a buyer looking for Littleton homes, then you have experienced the significant lack of inventory of all types of properties. One of the biggest differences in the market of today versus the market of just a couple years ago, is the huge drop in the number of available Littleton Foreclosures on the market.
The chart below plots the available inventory of foreclosures in Littleton by month for the past 5 years. As you can see, 3 years ago there were 160+ Littleton foreclosures available. This year, that number sits under 15!
The pool of buyers experiencing the brunt of this foreclosure shortage are investors who specialize in fix and flip homes in Littleton. With such a small number of potential fix and flips, these investors are forced to bid the prices up and the shortage of inventory has forced some to look at other areas.
If you would like more detailed information on the market and how the lack of foreclosures is affecting it, call our team at 303-726-1874.
Number of Active Littleton Foreclosures:
Based on information from Metrolist®, Inc. for the period 2009 through 2014 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.