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Now is Definitely Time to Buy a Foreclosed Home in Ogden, Utah
Ogden, Utah was rated by Forbes as the 6th best place to raise a family in 2010. Of the approximately 30,000 homes there are currently about 2,242 foreclosure listings and 742 existing homes on the market. There are also 644 homes in pre-foreclosure and auction stages of foreclosure. Median sales prices are down 73.3% from 2009 at $86,534. Subsequently, this is the absolutely perfect time to buy a foreclosed home in Ogden, Utah. The number of homes sales also dropped significantly by 83.2% in August of 2010. The cost of living is about 12% below national average and the unemployment rate is only 5.4%.