Springfield Foreclosure Listings

Dated: 02/25/2014

Views: 5127

The rate of new foreclosures in the U.S. has dropped to the lowest level in eight years as rising property prices erased negative equity and allowed more delinquent homeowners to sell without losing money. The rate of foreclosures, in the fourth quarter of 2013, was the lowest since the third quarter of 2006, when home prices were just starting to fall in what would become the worst crash since the Great Depression.
Foreclosures offer a buyer the ability to get in to a home (a lot of times with special incentives) at a discounted rate.  Granted, most of these homes need, at very least, some minor work done to them.  What we see most in these deals is instant equity.  Add a little elbow grease and some minor renovations and your return could be pretty significant.
With the economy improving, foreclosures are going to continue to be more scarce.  For a complete list of foreclosures in the Springfield, Mo area, click here.
To see all of the area foreclosures on a map, click here.
Blog author image

Michelle Cantrell

Michelle is a native of Southwest Missouri and has twenty-five years of experience in selling real estate in the greater Springfield area! Michelle specializes in all price points, including new const....

Want to Advertise on this Site?

Latest Blog Posts

Americas Best Press Release

For Immediate ReleaseContact: Steve MurrayJuly 10, 2018PH: 303-741-1000 [email protected] Michelle Cantrell Group was Named to the 2018 REAL Trends America’s Best Real Estate Professionals

Read More

2018 The Thousand

The Michelle Cantrell Group made the list of '2018 The Thousand' top real estate teams! The Thousand, which is advertised in The Wall Street Journal, is a REAL Trends exclusive ranking of the top

Read More

Sunflower Festival Begins To Bloom

Golden Grove Farms’ Sunflower Festival kicks off July 17. Family-friendly atmosphere meets beautiful venue as attendees cut their own flowers, participate in games and crafts and listen to live

Read More

1645 North Eagle Valley Nixa

 For more information on this property, click .

Read More