Foreclosure rates in Colorado and Metro Denver decrease in September

Real Estate Agent with The Berkshire Group

Foreclosure rates decrease in September, 2013

According to The Denver Post, in both Colorado and the Denver-Aurora-Broomfield area, the foreclosure rate among outstanding mortgage loans was 0.7% for September - a decrease of 0.6% from September 2012, according to CoreLogic.  This is considerable lower than the national foreclosure rate, which was 2.3% for September.  There were 5,416 completed foreclosures for the 12 months ending in September in the Denver-Aurora-Broomfield area.

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