Colorado foreclosure filings drop for 3rd straight quarter

Denver Business Journal – by Mark Harden

New foreclosure filings in Colorado fell 15.7 percent in the second quarter from the same period of 2009, but foreclosures sales rose 17.7 percent, the state Division of Housing reported Thursday.

Officials attributed the rise in sales largely to moratoria on foreclosures a year ago that no longer are in effect.

It was the third consecutive quarter with a decline in Colorado filings — the first step in the foreclosure process — from the previous quarter, and the lowest quarterly filings tally in five quarters.

Read more: Colorado foreclosure filings drop for 3rd straight quarter – Denver Business Journal

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About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

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