This is certainly good news for the market as we see Colorado bank owned homes start to slowly taper off. Colorado was ahead of most states moving into the foreclosure mess and we still appear to be ahead of most states coming out of it.
Read the entire article at the Denver Business Journal:
Colorado foreclosure filings down in January
Real estate properties with new Colorado foreclosure filings fell 3.46 percent in January from the previous month and were down 1.65 percent from January 2010, according to data today from RealtyTrac Inc., the Denver Business Journal reports.
The state had a total of 4,946 housing units with foreclosure filings last month, or one for every 438 homes, over the national rate for the month of one in every 497 homes, according to RealtyTrac, an Irvine, Calif.-based private marketer of foreclosure properties.
Read more: Colorado foreclosure filings down in January | Denver Business Journal
Give us a call if you’d like to discuss how the foreclosure and short sale market in the Denver area is impacting you: 303-726-1874.
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