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Trustee’s office had busy September

The El Paso County Public Trustee’s office just finished its busiest quarter since the end of 2010. Trustee Tom Mowle reported that his office processed 3,478 deed releases in September, which brings the year-to-date total 23 percent higher than in 2011. Deeds of trust are released when a homeowner pays off a mortgage, sells a… Continue Reading Trustee’s office had busy September

Trustee: Foreclosures to drop off in late 2012

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Foreclosures will continue to fall in 2012, leading to an improved real estate market for El Paso County in 2013. Public Trustee Tom Mowle said that there were fewer foreclosures in 2011, and he expects that trend to continue. There were 3,603 foreclosure starts in 2011, down 25 percent from 4,828 in 2010 and down… Continue Reading Trustee: Foreclosures to drop off in late 2012

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Colorado Springs has seen a less active year for real estate, but it was back in 2000, according to the latest figures from Public Trustee Tom Mowle. Mowle reported that there were just 2,454 deeds released in October. Deeds are released when someone sells a home, refinances or pays off a mortgage, which Mowle has… Continue Reading Trustee report: Market sluggish, foreclosures as expected

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