Colorado Foreclosures

Colorado Foreclosures

Looking for a foreclosed property?  There are not as many out there as you may think.  CoreLogic, in their most recent National Foreclosure Report, reported that foreclosure inventory has decreased by 23.2% since this time last year. The report also showed that foreclosure inventory has decreased in 49 of the 50 states and that 45 states have posted a year-over-year, double-digit decline.  Colorado is down 21.7% over last year.  Other findings in the report are.

  • The Seriously Delinquent Rate (homeowners more than 90 days behind in their mortgage payment) is 3.1% which is the lowest level since November 2007

  • The Foreclosure Rate is 1.1% which is also the lowest level since November 2007

  • This was the 53rd consecutive month that showed a decline in the Foreclosure Rate


There are foreclosures in the market but, the number is dramatically decreasing this means the worst of the foreclosure crisis is over.



Janice Holloway Headshot
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Phone: 719-648-4985
Dated: May 18th 2016
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