“These dramatic decreases indicate the foreclosure pipeline continues to be clogged in many local markets across the country, sometimes by a glut of already-foreclosed properties that are not selling quickly, sometimes by a mountain of improperly filed foreclosures that are blocking the inflow of new foreclosure filings — and sometimes by both,” James [...]
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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) |
A Greeley bank with $1 billion in assets closed [...] The U.S. Department of Housing and Urban Development announced today it is awarding $9.4 million in housing assistance to senior citizens and the disabled in Colorado. The funding will provide interest-free capital advances to non-profit developers so they can produce accessible housing, offer rental assistance, and provide supportive services for the elderly and persons with [...] The Denver-Aurora area saw a 12 percent decrease in total foreclosures – everything from notices of election and demands to REOs – according to [...] “I guess we thought they just couldn’t go any higher,” Dianne [...] Two homes in Steamboat Springs are the most expensive owned by the FDIC. The asking prices of the homes, which the FDIC acquired from the failed Frontier Bank in Greeley, have been slashed by about two thirds when they were privately [...] Colorado’s foreclosure black eye is [...] Statewide, the vacancy rate for Colorado apartments in the second quarter rose to 9.1 percent from 6.7 percent in the second quarter of 2008. That is a 35.8 percent jump. Colorado Springs was the lone area in the state to show a decrease; every other area increased, according to the according to the report released today [...] The Denver-Aurora metro area ranked No. 45 in the nation for foreclosures in the first half of the year, the latest sign that while the local real estate market is improving, while much of the rest of the country is still caught in the downward spiral of people losing their homes. A [...] |
   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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