by Jon Terry | Feb 15, 2016 | Blog, Buying A Home, Buying in a Recession, Colorado Living, Foreclosure, Luxury Homes, Luxury Mountain Homes, Selling a Home
According to RealtyTrac’s latest market report, the number of foreclosure filings in November was down 8.71 percent from October, and down 20.1 percent from a year ago. There were 544 foreclosures in November and only 284 bank repossessions (1 out of every 2,652...
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 | Oct 9, 2015 | Blog, Buying A Home, Foreclosure, Investments, Rankings, Sustainability
Denver’s housing market is leading the nation in a variety of categories. Homes here sell faster than homes in any other market, the market leads the country in rising home prices, and the housing inventory here is as low as any other place in the country. In...
by Jon Terry | Jul 23, 2015 | Blog, Business Savvy, Buying A Home, Foreclosure, Residential Real Estate
According to a report from RealtyTrac, foreclosures in Denver, Aurora, and Lakewood are down 3.13 percent in the first half of 2015 compared to the first half of 2014. Downside: fewer foreclosures could make it tougher for home buyers to find a home in the...
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...