kunc-header-1440x90.png
NPR for Northern Colorado
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Colorado Foreclosures Down For First Month of 2013

Foreclosure hotline logo.jpg

Colorado’s housing market is off to a strong start this year, with foreclosure filings in the first month down 25 percent from January of 2012. 

That's the lowest January level in seven years, says Colorado Division of Housing economist Ryan McMaken - who notes that the trend is especially strong along the Front Range.

“If we look at Larimer County, Boulder County and even Denver County, those numbers continue to decline very quickly,” says McMaken. “And in those places with low unemployment like Boulder and the Fort Collins area, those numbers are going down fast.”

That’s not the case for the Western Slope or southern Colorado, where foreclosure filings are up. Pueblo County has the highest foreclosure rate, while Boulder County has the lowest.

McMaken says January numbers often set the pace for the year -- which means the housing market improvements are likely to continue for 2013.

Read the report here.

As host of KUNC's Colorado Edition, I work closely with our producers and reporters to bring context and diverse perspectives to the important issues of the day. And because life is best when it's a balance of work and play, I love finding stories that highlight culture, music, the outdoors, and anything that makes Colorado such a great place to live.
Related Content