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Tag Archive | "foreclosures"

Report: Foreclosures drop in Colorado Springs

Tuesday, January 29, 2013

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Foreclosure rates in Colorado Springs fell year-over-year in November, according to data from real estate analysis firm CoreLogic. Among outstanding mortgages in the city, 1.11 percent were in some state of foreclosure in November. That’s down from 1.47 percent a year ago, according to the report. The foreclosure rate in Colorado Springs was much lower […]

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Trustee: Market returning to normal

Monday, December 3, 2012

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Deed releases and new foreclosure filings are back to historically “normal” levels, according to El Paso County Public Trustee Tom Mowle. His office only processed 212 new foreclosure starts in November. That’s the lowest monthly total since December 2006. “We have been expecting this drop for some time now,” Mowle writes in his monthly report, […]

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Investors buy 3 properties at foreclosure

Thursday, October 25, 2012

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Investors bought three of the 49 properties that sold in the El Paso County Public Trustee’s foreclosure auction Wednesday. The rest were sold to the lenders. Stan Kline paid $92,100 for a 1,447-square-foot tri-level home built in 1986 at 4755 Spacewalk Way (80918). That was more than lender GMAC Mortgage’s initial bid of $88,570.65. Jesse […]

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Investors buy 5 properties

Thursday, September 6, 2012

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Investors bought five of the 28 properties that sold in the El Paso County Public Trustee foreclosure sale Wednesday, Sept. 5. The others were sold to the original lenders. Alan McMullen paid $214,600 for a 2,073-square-foot two-story home built in 1996 at 1416 Heidi Ln. (80907). That was more than lender The Bank of New […]

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Trustee: Foreclosures and deed releases bring good news

Monday, June 4, 2012

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Real estate activity is on the rise, and foreclosures are continuing to slip, according to the El Paso County Public Trustee’s monthly report. The office released 3,332 deeds of trust, which happens when a homeowner pays off a mortgage over time, through a private sale or by refinancing. That is right around the monthly average […]

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Investors buy 4 properties at foreclosure auction

Thursday, May 17, 2012

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Investors bought four of the 26 properties that sold in the El Paso County Piblic Trustee’s foreclosure auction Wednesday. The rest sold back to the lenders. Kemper Properties paid $231,500 for a 1,334-square-foort ranch home built in 2005 at 6274 Tin Star Dr. (80923). That was slightly over lender Wells Fargo’s initial bid of $220,325. […]

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Investors buy 7 properties at foreclosure auction

Friday, March 23, 2012

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Investors bought seven of the 37 properties that sold at the El Paso County Public Trustee’s foreclosure auction March 21. The other 30 sold to the original lenders. Go Real Estate Development, LLC paid $69,500 for a 864-square-foot split-level home built in 1970 at 3443 Colony Hills Rd. (80916). That was slightly over lender PNC […]

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Trustee: Foreclosures and releases down

Thursday, March 1, 2012

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Foreclosure stars in El Paso County rose slightly from 285 in January to 301 in February, according to El Paso County Public Trustee Tom Mowle’s monthy foreclosure report. Monthly foreclosure starts have remained within a fairly narrow range since August of last year, averaging 315 per month during these past seven months, Mowle writes. Foreclosure […]

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CS foreclosures drop in Sept.

Thursday, December 8, 2011

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September foreclosures in the Colorado Springs region dropped year-over-year, according to a report from real estate analysis firm CoreLogic. According to CoreLogic data, 1.5 percent of all outstanding mortgages foreclosed in September. That’s a 0.19 percent improvement over the 1.69 percent foreclosure rate in September 2010. The Colorado Springs foreclosure rate is also well below […]

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El Paso County foreclosures fall 26 percent

Tuesday, December 6, 2011

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Colorado will have fewer foreclosures than last year as 2011 draws to a close. It’s a trend that is echoed in El Paso County, where foreclosures have fallen 26 percent year to date from 2010 levels. November was the exception, with a statewide foreclosure sales rate higher for the first time in 14 months – […]

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