Real Estate

Investors buy 4 properties at foreclosure auction

Thursday, May 17, 2012

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. [...]

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 [...]

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 [...]

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 [...]

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 – [...]

Trustee report: Foreclosure starts fall to 2007 levels

Friday, December 2, 2011

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The total number of foreclosures in 2011 is on target to drop down to 2007 levels, according to the El Paso County Public Trustee’s report. Foreclosure starts, mortgages that enter the foreclosure process, are down almost 33 percent year-to-date from 2010 and are at their lowest since 2007. Some of that slowdown could be due [...]

Report: National shadow inventory falls

Tuesday, September 27, 2011

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The number of homes in some stage of foreclosure, but not yet listed on the multiple listing services dropped nationally in July. CoreLogic , an information and analytics company , reported that so-named shadow inventory dropped slightly from 1.9 million in 2010 to 1.6 million in the same time this year and down from 1.7 [...]

Colorado not among top foreclosure states

Thursday, June 16, 2011

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While Colorado followed national foreclosure trends, the state did not rank among the areas with the most foreclosure activity. Real estate tracking firm RealtyTrac found that new nationwide foreclosure filings dropped 33 percent from May, 2010 to May of this year and 2 percent from April to May. Those numbers are in line with local [...]

Processing delays fuel 18 percent drop in Springs foreclosures for Q1

Thursday, April 14, 2011

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There were 1,652 foreclosures in Colorado Springs in the first quarter of 2011, according to a report released today by RealtyTrac. That’s a drop of nearly 18 percent year over year, and a drop of 16.7 percent from the fourth quarter of 2010. Colorado Springs ranked as the 49th worst out of the 211 metro areas tracked by the [...]

Foreclosure filings in freefall due to “robo-signing” scale-back

Thursday, March 17, 2011

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The Colorado Division of Housing reported a 26 percent drop from January to February in new foreclosure filings for the state’s metropolitan counties - but it’s not time to call the end of the foreclosure crisis just yet. The reduction is likely the result of mortgage servicers processing foreclosures at a slower pace due to the ongoing fallout from the “robo-signing” controversy. “There [...]

Tag Archive | "foreclosures"

Investors buy 4 properties at foreclosure auction

Investors buy 7 properties at foreclosure auction

Trustee: Foreclosures and releases down

CS foreclosures drop in Sept.

El Paso County foreclosures fall 26 percent

Trustee report: Foreclosure starts fall to 2007 levels

Report: National shadow inventory falls

Colorado not among top foreclosure states

Processing delays fuel 18 percent drop in Springs foreclosures for Q1

Foreclosure filings in freefall due to “robo-signing” scale-back

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