Colorado foreclosures drop 14% from 2007 : Real Estate : The Rocky Mountain News
Colorado foreclosures drop 14% from 2007 : Real Estate : The Rocky Mountain News
Colorado foreclosure activity is poised to drop this year from 2007, according to a report released by the state, but that does not mean this marks the beginning of the end of the crisis.
There were 14 percent fewer completed foreclosures in the first nine months of this year compared to the same period in 2007, according to the report released on Thursday by the Colorado Department of Local Affairs’ Division of Housing.
It is the first time that there has been a year-over-year drop in foreclosures since at least 2003, when the division began gathering statewide data.
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