Foreclosure filings in Colorado's metro areas have now fallen for 14 months in a row. The number of foreclosure filings last month was lower than any other January since 2008. It was also 28.2% lower than January of 2011. Read the full story here.
It's unknown exactly how the recent legal settlement regarding the handling of foreclosures will affect this trend--only time will tell.
But for now, we're taking these numbers as a good sign. Fewer foreclosures means fewer people losing their homes, as well as fewer distressed properties dragging down the values of neighboring houses.
Here's hoping that 2012 sees the market upswing we've all been hoping for! 
Don't take this exit.
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