The Colorado Division of Housing has published it’s 3rd Quarter 2012 Foreclosure Report. After the peak of 2009, the foreclosures have been on a decline. The numbers for the 3rd quarter 2012 is down 23.6% over the same period in 2011. Please refer to the report for details and a quarterly graph of. A lot of factors are lining up…
Continue Reading →An article from the Certified Distressed Property Expert (CDPE) website stating the additional evidence supporting the shortage in the housing market. It is more difficult nowadays for investors to pickup bargains. In the past the investors have been able to wait out the “preference” period given to home-occupant buyers. The HUD and many banks have a period of time giving…
Continue Reading →Colorado Department of Housing has published the 2010 Colorado Foreclosure report. The charts below show 2003-2010 stats for Colorado and the metro Denver area. The Denver metro includes the Denver, Arapaho and Adams counties. For other areas please refer to the actual report. The foreclosure filings are down, however, more homes are going to auction.
Continue Reading →The Denver post reporting: Areas that avoided foreclosure mess earlier may be taking hit now – Homes in metro Denver neighborhoods that previously appeared insulated from the housing crisis are seeing a decline in prices as foreclosures and short sales tick up. Meanwhile, those communities that were hit hardest are showing signs of improvement. Read full article: http://www.denverpost.com/business/ci_16353602
Continue Reading →