Nine out of 10 people facing foreclosure in the Denver area today are facing losing their homes because they lost their jobs, not because a bad [...]
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 John Rebchook is a former Rocky Mountain News reporter with more than 30 years of experience in writing and communications... (Read More) |
“It appears very unlikely that the number of completed foreclosures will reach the total set in 2007 and 2008,” Ryan [...] Arapahoe, Boulder, Larimer and Mesa Counties all reported sizable increases year over year, while Adams, Denver, Douglas, El Paso, and Weld Counties reported decreases in foreclosure filing [...] Foreclosure filings picked up in July, and fell back by about 8.5 percent in August, shows a survey of some of the largest counties in Colorado. The survey of 11 of the largest counties in Colorado by Ryan McMaken of the Colorado Division of Housing indicates that many counties showed the most activity for [...] The overall vacancy rate in Denver-area rental homes rose in the second quarter 5.2 percent from 4.2 percent in the second quarter 2008, a 23.8 percent jump, according to a survey sponsored by the Colorado Division of Housing. That is the highest vacancy rate since the fourth quarter of 2006, when it stood at 5.5 [...] In the previous blog, I wrote that the 80246 ZIP Code, which includes Hilltop, showed a 47.2 percent appreciation during the second quarter, according to a recent report by San Diego-based DataQuick. Here are some other interesting points of data. Overall, the median price of a home in Denver was $186,000 in Denver in the second quarter, [...] When crunching numbers, I’m always a bit wary of putting too much weight on consecutive month data when it comes to real estate. That is because there can be huge seasonal reasons why home sales, for example, might pop in March from February, or fizzle in September from August, for example. But any data can serve a [...] There were 10,726 foreclosure filings in the first six months of the year, a 10.5 percent drop from the 11,992 in the first half of 2008. Here is a breakdown, by county. County 2008 2009 Percentage Change Adams 3,352 2,963 (11.6) Arapahoe 3,713 2,964 (20.17) Boulder 580 643 10.86 Broomfield 152 176 15.7 Denver 3,780 3,153 (16.5) Douglas 1,235 1,278 (3.2) Jefferson 2,055 1,989 [...] Denver-area foreclosures in the Denver area first half of 2009 fell by 10.5 from the first six months of 2008. There were 10,727 foreclosure filings in the seven-county area, compared with 11,992 from January through June of 2008, according to county public trustee offices surveyed by InsideRealEstateNews.com. Denver had the most new filings with 3,153 in the [...] |
   Acknowledgements Some Photos on this site, courtesy of and © Steve Groer Photography, Denver's Premier Coroporate & Event Photographer. Please contact Steve via his website or by phone at (303) 696-6260 or (303) 941-5764.  |
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