foreclosure rate: Great News For Colorado Housing
- 12/06/08 05:27 AM
It was reported this week that there 14% fewer foreclosures completed in Colorado in the first 9 months of the year compared to the first 9 months of 2007. This is the first time we have seen a year over year decline since 2003. Yeah! Kathi Williams, Director of the Colorado Division of Housing, said she is "cautiously optimistic about the future." Second, this week TransUnion reported the delinquency rate on mortgages throughout the country as of September 30th. They define their delinquency rate as at least 2 months behind. In Colorado our delinquency rate is 3.38% which is 15% below the … (1 comments)
foreclosure rate: Our Foreclosure Rate Keeps Falling
- 10/23/08 08:16 AM
According to today's Realty Trac Report on foreclosure activity around the country, Realty Trac reported that both Colorado's and Denver's foreclosure activity have dropped for 2 quarters in a row! This is great news! In the third quarter foreclosure filings of all types dropped 11% from the 2nd quarter at the state level and in Denver foreclosure filings dropped 13% in the 3rd quarter! As of September 30th foreclosure filings in the state are down 31% from September 2007. In Denver the percentage of household units with a foreclosure notice dropped to .91% in the 3rd quarter. The highest in the … (3 comments)
It was reported this week that there 14% fewer foreclosures completed in Colorado in the first 9 months of the year compared to the first 9 months of 2007. This is the first time we have seen a year over year decline since 2003. Yeah! 
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