Monday, May 21, 2012

Foreclosures fall again in Colorado and all its metro areas ...

May 21, 2012

Both new foreclosure filings and foreclosure auctions sales were down during the first four months of the year when compared to the same period last year, the Colorado Division of Housing said Wednesday.

Foreclosure filings in Colorado?s metropolitan counties were down 1.0 percent for the first four months of 2012 , comparing year over year, falling from 8,476 to 8,395.

Over the same period, foreclosure auction sales were down 29.0 percent, dropping from 6,177 to 4,387.

For the month of April, foreclosure filings were up 7.3 percent from April 2011 to April 2012 while foreclosure auction sales fell 36.2 percent over the same period.

During the first four months of the year, the counties with the largest changes in foreclosure auction sales, year over year, were Douglas, Denver and Boulder counties where auction sales declined 40.7 percent, 38.1 percent and 38.1 percent, respectively.

All the other counties surveyed reported drops of 18 percent or more, comparing this with the first four months of this year compared to the same period last year.
Read more: Foreclosures fall again in Colorado and all its metro areas ? The Denver Post http://www.denverpost.com/breakingnews/ci_20581963/foreclosures-fall-again-colorado-and-all-its-metro#ixzz1vW6n6Oea

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