Denver Condos and Townhomes

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Colorado foreclosure filings at 18-month low

Welcome news today!

From the Denver Post:

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.

You Can Search All Denver Foreclosured Homes here or all Denver Hud Homes here.

1 commentBrian Petrelli • June 18 2010 12:32PM
Colorado foreclosure filings at 18-month low
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Welcome news today! From the Denver Post : 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… more