Avoid Foreclosure in Denver

Colorado Urban Foreclosures Decrease

By teamcox | Published: February 22, 2011

The Colorado Division of Housing released its monthly foreclosure report last week, and there is good news to report! Foreclosure sales in January 2011 (1,917) in Colorado’s 12 largest counties decreased 21.8 percent from January 2010. In Denver, foreclosure sales fell 25 percent last month from January 2010, but increased 19.2 percent from December 2010. … Continue reading Colorado Urban Foreclosures Decrease

Foreclosures Decline in Colorado’s Largest Counties

By teamcox | Published: December 23, 2010

There is good news on the Colorado foreclosure front this Christmas. Foreclosures in Colorado’s 12 most populated counties declined last month, according to the Colorado Division of Housing. The number of foreclosures in Colorado’s largest counties decreased 4.2 percent to 2,932 from 3,059 from October to November. Unfortunately, these numbers may provide a bit of … Continue reading Foreclosures Decline in Colorado’s Largest Counties

Also posted in CDPE, Denver Mortgages, Denver Real Estate | Tagged Avoid foreclosure Denver, CDPE Denver, Colorado Department of Housings, Colorado foreclosures | Leave a comment

Colorado Foreclosure Update

By teamcox | Published: November 16, 2010

There is good news and bad news on the Colorado foreclosure front. According to a recent article in The Denver Post, fewer Colorado homeowners are entering foreclosure. That’s the good news, but unfortunately, once they get behind on their mortgages, more of them are losing their homes. As of the end of September, Colorado foreclosure … Continue reading Colorado Foreclosure Update

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Denver Real Estate Update – August 2010

By teamcox | Published: August 15, 2010

As the summer winds down, there is good news and bad news for the Denver real estate market. Let’s get the bad news out of the way first. The Denver housing market continues to feel the hangover effect from the homebuyer tax credit that expired at the end of April. The number of homes sold … Continue reading Denver Real Estate Update – August 2010

Also posted in Denver Home Prices, Denver Mortgages, Denver Real Estate | Tagged Colorado foreclosure rate, Denver housing market, Denver Median Home Price, Denver real estate - August 2010, Denver real estate market | Leave a comment

Denver Interest Rates Continue to Set Record Lows

By teamcox | Published: August 1, 2010

Denver interest rates have continued to decrease in recent weeks, with the average 30-year loan rate now hovering around 4.5 percent. The average rate on this same loan product was 5.25 percent a year ago. We can’t emphasize enough how important it is to take advantage of these low interest rates, since you may never … Continue reading Denver Interest Rates Continue to Set Record Lows

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What is Colorado’s Foreclosure Rate?

By teamcox | Published: July 25, 2010

RealtyTrac released new foreclosure filing statistics last week, revealing that Colorado has the country’s tenth highest foreclosure rate in the second quarter of 2010. Colorado’s foreclosure filings decreased 4.59 percent from the first quarter of this year, but increased 4.73 percent from the same quarter of last year. According to the report, in the second quarter … Continue reading What is Colorado’s Foreclosure Rate?

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Where are the Most Short Sales in Denver?

By teamcox | Published: May 27, 2010

Where are the most short sales in Denver? According to a recent article in the Business Journal, at the end of the first quarter of this year, there were 2,492 single-family short sales in the Denver real estate market. Which county had the most short sales listed for sale? Arapahoe County had the most listed … Continue reading Where are the Most Short Sales in Denver?

Also posted in Arapahoe County, CDPE, Denver Real Estate, Denver Short Sales | Tagged Avoid Foreclosure in Denver, Denver short sales, Short Sales in Denver | Leave a comment

States to Bail out Troubled Homeowners

By teamcox | Published: May 23, 2010

Several states, including California, Florida, Michigan, and Arizona, plan to bail out their troubled homeowners, using a total of $1.4 billion that the Obama Administration is allotting them. The money will go to help unemployed and underwater homeowners with their mortgage troubles. The plans vary by state, but have two things in common – paying … Continue reading States to Bail out Troubled Homeowners

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New Guidelines for Short Sales in Denver

By teamcox | Published: May 21, 2010

There were some new short sale guidelines implemented last month that are already having a large impact on Denver short sales. While they do not apply to Fannie Mae and Freddie Mac loans, they do apply to any lender participating in the Obama Administration’s Home Affordable Modification Program, including Bank of America and JP Morgan Chase. The new guidelines … Continue reading New Guidelines for Short Sales in Denver

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