Colorado new foreclosure filings up in first quarter | AspenTimes.com
YOUR AD HERE »

Colorado new foreclosure filings up in first quarter

The Associated Press
Aspen, CO Colorado

DENVER – The state Division of Housing says first-quarter foreclosure filings in Colorado rose 6 percent from the same period last year, but numbers last year were affected by efforts nationwide to help troubled borrowers avoid foreclosure.

The division said Thursday there were 11,136 new foreclosure filings in the first three months of the year, up 6 percent from a year ago but down 4 percent from two years ago.

The number of completed foreclosures was up too. There were 6,686 first-quarter foreclosure sales at auction, up almost 54 percent from last year and up 13 percent from 2008.



The housing division says record high new foreclosure filings in the second and third quarters of last year drove the large number of foreclosure sales.


Support Local Journalism

Support Local Journalism

Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User