by Jon Terry | Dec 14, 2015 | Blog, Foreclosure
Zombie foreclosures plague neighborhoods in some cities, but not in Denver. Out of the 1.6 million residential properties in Colorado, only 85 are considered to be zombie foreclosures. What is a zombie foreclosure? It means the home is vacant, the legal process has...
by Jon Terry | Nov 17, 2015 | Blog, Colorado Living, Foreclosure, Housing Analysis, Rankings, Statistics
According to RealtyTrac’s latest Foreclosure Market Report for Colorado, one in every 733 houses are in foreclosure, a 15 percent decrease from the same time last year. Colorado had a 17 percent decrease in the number of foreclosure filings (the first stage of...
by Jon Terry | Apr 10, 2015 | Blog, Foreclosure
According to RealtyTrac’s monthly foreclosure market report, foreclosure filings in Colorado jumped 65 percent in January from December, but were down 4 percent from January 2014. Why the huge spike? RealtyTrac attributed it to improved data collection methods, saying...
by Jon Terry | Nov 19, 2014 | Blog, Foreclosure
According to RealtyTrac, Foreclosures in Colorado continued trending downward in October, after the state experienced a spike in foreclosure filings in the third quarter. The state had 653 properties with a foreclosure filing in October, down 37.5 percent from...
by Jon Terry | Apr 23, 2014 | Blog, Foreclosure
A pair of bills meant to help homeowners avoid foreclosure passed in the Colorado House. What would these bills change? HB14-1295: 1. Prohibits “dual tracking,” in which a lender negotiates with a borrower while simultaneously pursuing foreclosure. 2....