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Colorado Bank Owned Homes: Colorado 8th Best in Nation for Foreclosures and Delinquent Loans

Some more good news today for the Colorado housing market and Colorado bank owned homes. The Mortgage Banker's Association reports today that Colorado is ahead of almost all other states in terms of Mortgage foreclosures and delinquencies.

This is in line with all of the other real estate and mortgage data we have been seeing for months. Colorado - and especially the metro Denver area - are ahead of the nation in recovering from the housing decline. In addition, most of the data we're seeing for the area is trending upward.

From the Colorado Division of Housing (good graph at the link):

During the third quarter of 2011, only seven states reported lower percentages of mortgage loans that were were either in foreclosure or were 90 days delinquent. According to the third quarter's national delinquency survey, released last week by the Mortgage Bankers Association, the percentage of mortgage loans in Colorado that are either in foreclosure or are either 90-days delinquent, was 4.22 percent. Nationally, the rate was 7.89 percent. Only Nebraska, Virginia, Alaska, Montana, Wyoming and the Dakotas reported a delinquency/foreclosure rate that was lower than Colorado's.

If you'd like to discuss Colorado Bank owned Homes, Denver HUD homes or have any other questions on the Denver housing market, give our team of experts a cal at 303-726-1874.

 

 

 

 

Metro Area Foreclosure and HUD House Searches:
Aurora Foreclosures and HUD Homes, Arvada Foreclosures and HUD Homes, Brighton Foreclosures and HUD Homes, Broomfield Foreclosures and HUD Homes, Castle Rock Foreclosures and HUD Homes, Centennial Foreclosures and HUD Homes, Commerce City Foreclosures and HUD Homes, Denver Foreclosures and HUD Homes, Englewood Foreclosures and HUD Homes, Golden Foreclosures and HUD Homes, Highlands Ranch Foreclosures and HUD Homes, Lakewood Foreclosures and HUD Homes, Littleton Foreclosures and HUD Homes, Northglenn Foreclosures and HUD Homes, Parker Foreclosures and HUD Homes, Thornton Foreclosures and HUD Homes, Westminster Foreclosures and HUD Homes

 

0 commentsBrian Petrelli • November 28 2011 12:45PM
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