“The nation’s housing market continued to languish in the first quarter, even as foreclosure activity fell to a three-year low,” James J. [...]
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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) |
“The Catch-22 for 2011 is that while accelerating foreclosure sales will help clear the oversupply of distressed properties and return balance to the market in the long run, in the short term a high percentage of foreclosure sales will continue to weigh down home prices, ” James J. [...] “These foreclosure numbers are still closely connected to the increases in unemployment that began in late 2008,” Ryan [...] “New filings continue to fall, but the state’s still working through the inventory of foreclosures opened last year,” Ryan [...] “October marks the 20th consecutive month where over 300,000 U.S. homeowners received a “The fact that Colorado is falling much more quickly in delinquency rankings than in Realtytrac rankings would lead me to conclude that Colorado is very slowly dealing with its accumulated inventory of foreclosing properties, but that the rate at which new properties are defaulting in Colorado is slowing at a much faster rae,” Ryan [...] “If history repeats itself we will see a surge in the numbers over the next few months as lenders foreclose on delinquent loans where neither the existing loan modification programs or the new short sale and deed-in-lieu of foreclosure alternative works,” James A. [...] “We’re making good progress,” Ryan [...] “We’re cautiously optimistic that we won’t be seeing the sorts of increases in foreclosures that we saw during 2006 and 2007,” Pat [...] “As bad as the 2009 numbers are, they probably would have been worse if not for legislative and industry-related delays in processing delinquent loans,” James J. [...] |
   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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