Foreclosure Homes for Sale Delta, CO Real Estate Information Jan 2017

By
Real Estate Agent with Cedaredge Land Company

The number of foreclosure/bank owned property listings still remains very low in the Delta, CO area. At this time the sale of bank owned homes makes up less than 10% of residential sales. 

This report will cover Delta and the rural areas surrounding the town. It will include those listings marked as bank owned properties in the local MLS (muliple listing service).

I expect to always see a few foreclosures on the market in this area. I think we will also see the overall number of listings and sales come down a bit as the market continues to improve.

If you would like more information on the homes that are available...contact me. The number of available foreclosure homes changes frequently. If you would like to be notified when new listings come on the market, I can help you with that, too. 

I look forward to hearing from you. 

I've lived on Colorado's Western Slope for over 26 years. I love this area and all it has to offer, and I enjoy sharing what I know about my home. As a REALTOR®, I also love to share my expertise in this area as well. If you need any real estate information for Montrose County, or Delta County, Colorado...please give me a call.

This information comes from CREN (Colorado Real Estate Network). This information is intended to show market trends. Not all properties are listed or sold by the agent writing this report. The picture shows a typical residential street in Delta. There may or may not be any bank owned homes available in the neighborhood. 

Comments (22)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Debbie - forclosures remain a choice for some buyers or investors.

Jan 20, 2017 10:50 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Debbie, Thanks for the foreclosure home market update for Delta CO. Based on what i have read in your posts there are not that many foreclosures in your area these days. 

Jan 20, 2017 01:44 PM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Good news that foreclosures are low. Wishing you a great weekend.

Jan 20, 2017 06:05 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Debbie 

It's a positive sign for the real estate market to see the foreclosures at a low level in Delta County Colorado.

Good luck and success.

Lou Ludwig

Jan 20, 2017 06:47 PM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Debbie --- this is a good overview of the foreclosed segment of the Delta County real estate market.  While the numbers are not significant, the certainly give an indication of current market conditions.

Jan 21, 2017 02:47 AM
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

The short sales in our area are dwindling and there are more foreclosures than short sales in our area.  While there are still foreclosures here there don't seem to be as may as there use to be.

Jan 21, 2017 06:26 AM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good morning Debbie Laity , The foreclosures in Elkhart County, Indiana are mostly the same ones that have been around for a while. Even the investors don't want them. There are still quite a few that have not yet been released from the banks to sell, as we are always getting questions about those homes.  New home construction is booming, with the lack of inventory available.

Jan 21, 2017 07:41 AM
Yolanda Cordova-Gilbert
Richmond, TX

Debbie,

 Some people get great deals on these, some people can have the knack for fixing them up...but usually you get what you pay for on these, good that there are not many in your area!

Jan 21, 2017 08:17 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Real estate investors love to find the bargains in the inventory of lender owned foreclosures.

Jan 21, 2017 02:46 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Nick & Trudy Vandekar ...our foreclosure numbers are down all around. I hope it stays that way. Thank you for stopping by. 

Jan 25, 2017 03:41 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Paul S. Henderson, REALTOR®, Broker, Tacoma Washington ....I think we will always have a few of them around, but it's certainly nice to see the numbers way down. 

Jan 25, 2017 03:42 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You are spot on, Grant Schneider ...I have one investor buyer that I keep looking for. He likes the real fixer uppers and does well with them.

Jan 25, 2017 03:43 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Robert Bob Gilbert ...yes the numbers are way down. I hope it stays that way, but I do believe that we will always a few of them around. Thank you for stopping by. 

Jan 25, 2017 03:45 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thank you Sharon Lee . I hope your week is going well. 

Jan 25, 2017 03:46 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thanks for all of your great comments, Lou. 

Jan 25, 2017 03:46 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

The low number of foreclosures is great to see after what we've experienced in the last few years. Thank you for stopping by, Michael Jacobs .

Jan 25, 2017 03:47 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Sussie Sutton , and thanks for sharing that information about your market. We have almost no short sales, and only a few foreclosures which I think we will always have around. 

Jan 25, 2017 03:47 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Larry Johnston ...we aren't seeing much in the way of new construction. Even with our lower inventory. Thanks for stopping by. 

Jan 25, 2017 03:48 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thanks for stopping by, Yolanda Cordova-Gilbert .

Jan 25, 2017 03:49 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thanks for all of your comments, Roy. 

Jan 25, 2017 03:49 PM

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