Real Estate

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 [...]

Colorado foreclosures: Where does El Paso County rank?

Thursday, February 10, 2011

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The Colorado Division of Housing closed the books on 2010 last night, and the final statewide foreclosure numbers aren’t pretty. In 2010 there were 42,692 new forclosure filings in Colorado, which is the second highest on record behind the 46,394 filings in 2009. Foreclosure sales at auction, the event that completes the foreclosure process, were also [...]

Colorado House unanimously passes first two real estate bills

Thursday, January 27, 2011

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The Colorado House resoundingly passed two of the four real estate-related bills introduced so far this year. House Bills 11-1022 and 11-1023 are both going to the Senate with unanimous House support. The first bill, sponsored by Rep. Ray Scott, R-Grand Junction, and Sen. John Morse, D-Colorado Springs, was introduced to clean up collateral damage from the [...]

National round-up: Controversy over disputed foreclosures intensifies

Monday, January 17, 2011

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Last week I spoke to a number of Colorado congressional representatives about the likelihood of legislation to address questionable bank foreclosure practices. Nothing has been proposed yet, and it seems unlikely that any of our elected representatives will address such a sticky subject matter in the current session. But while legislators may be content to allow the matter [...]

Tag Archive | "foreclosures"

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

Colorado foreclosures: Where does El Paso County rank?

Colorado House unanimously passes first two real estate bills

National round-up: Controversy over disputed foreclosures intensifies

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