Foreclosures Drop by 29% in Colorado

by Osman Parvez


The state reported 2,568 properties entering some stage of foreclosure, one for every 713 households. This represents 2x the national average, however the state's foreclosure rate dropped from first place to fifth place among all of the states in October. Meanwhile, nationwide foreclosures in October were up 19%. Here's the press release.


---
Like this analysis?    Subscribe to my research.          Ready to buy or sell?  Click HERE to schedule an appointment or call 303.746.6896. 

As always, your referrals are deeply appreciated.  


The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.