Welcome news today!
May foreclosure filings dropped to their lowest level in 18 months in Colorado, a sign that homeowners may be getting more leeway to repay or restructure their loans.
New filings in metropolitan Colorado counties fell to 2,633 in May, a 17.7 percent decline from the same month last year, according to the state Division of Housing.
Read the whole thing.
We are definitely seeing the foreclosure inventory dropping recently.