Colorado Foreclosures: Foreclosure filings in urban Colorado down 31% in 2011

By
Real Estate Broker Owner with The Brian Petrelli Team - Metro Brokers ER0027363

Some more good news on Colorado Foreclosures came out yesterday in the Denver Business journal.

Citing a report from the Colorado Division of Housing, August was the 9th straight month that both filings and sales of Foreclosures were down compared to the same month last year.

The article does go on to site a jump from July to August. It will be interesting to see if this bump was a one time anomaly, or a sign that banks are starting to become more aggressive in the pursuit of delinquent homeowners.

From the Denver Business Journal:

August was the ninth consecutive month in which both filings and sales were down compared to the same month a year ago, state officials said.

Foreclosure filings for the year through August fell 31.4 percent, to 16,481 filings, compared with 24,032 filings during the same period last year.

Foreclosure sales at auction were down 18.5 percent, to 11,502, from January through August, compared with 14,114 during the same period last year.

But foreclosure filings in August jumped 32.4 percent from July, hitting a six-month high and signaling that the state may see an upward trend in foreclosures.

If you'd like to learn more about Colorado foreclosures, HUD homes or the real estate market in general, give our team a call at 303-726-1874.

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Metro Area Foreclosure and HUD House Searches:
Aurora Foreclosures and HUD Homes, Arvada Foreclosures and HUD Homes, Brighton Foreclosures and HUD Homes, Broomfield Foreclosures and HUD Homes, Castle Rock Foreclosures and HUD Homes, Centennial Foreclosures and HUD Homes, Commerce City Foreclosures and HUD Homes, Denver Foreclosures and HUD Homes, Englewood Foreclosures and HUD Homes, Golden Foreclosures and HUD Homes, Highlands Ranch Foreclosures and HUD Homes, Lakewood Foreclosures and HUD Homes, Littleton Foreclosures and HUD Homes, Northglenn Foreclosures and HUD Homes, Parker Foreclosures and HUD Homes, Thornton Foreclosures and HUD Homes, Westminster Foreclosures and HUD Homes

 

 

 

 

 

 

 

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Topic:
Home Buying
Location:
Colorado
Tags:
colorado foreclosures
denver foreclosures
arvada foreclosures
brighton foreclosures
castle rock foreclosures

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News for Denver Colorado Homes and the surrounding metro areas. We focus on Bankowned homes, Single Family homes, Condos and Townhomes Residential property. Areas of expertise include: Highlands Ranch, Littleton, Parker, Centennial. Englewood, Roxborough, Aurora, Arvada, Westminster, Thornton and the Denver Tech Center.