Colorado recorded 4855 foreclosure filings in

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Unformatted text preview: breaking the trend of three-consecutive quarters of declines. Colorado recorded 4,855 foreclosure filings in September 2011 or the 10th-highest rate of foreclosure filings per housing unit, despite a 17% decline from August to September. The states with the highest foreclosure rates are Nevada, California, and Arizona. Third quarter 2011 foreclosure filings across the state were down almost 21% from Q3 2010. According to the latest Colorado Division of Housing data (covering 12 urban counties in the state), Colorado reported a 29% decline in foreclosure filings in August 2011 compared to the same month a year earlier. The Metro Denver area has also welcomed significantly decreased foreclosure activity so far in 2011. In fact, by midyear, foreclosure activity was at its lowest level in Metro Denver since 2005, according to the Division of Housing. Metro Denver foreclosure data from the Colorado Division of Housing revealed a 31% year-over-year decline through 2012 Colorado Business Economic Outlook August. Adams and Denver counties are reporting the largest year...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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