News - Local
Colorado in top 10 for foreclosures
Posted: Sep 10, 2009 6:43 AM by Bea Karnes
Updated: Sep 10, 2009 6:43 AM
The number of U.S. households threatened with losing their homes held steady at 358,000 last month.
RealtyTrac Inc. reported Thursday that one in 357 U.S. homes received a filing. That number is up 18 percent from a year ago, and includes default notices, scheduled auctions and bank repossessions.
Nevada had the nation's highest foreclosure rate for the 32nd-straight month. Nearly 18,000 Nevada properties received a foreclosure filing, down 8 percent from July but an increase of more than half from August last year.
Florida, California, Arizona, Michigan, Idaho, Utah, Colorado, Georgia and Illinois completed the top 10 states for foreclosure filings.
Among cities with at least 200,000 people, Las Vegas had the highest foreclosure rate, followed by the California cities of Stockton, Merced, Riverside-San Bernardino-Ontario, Vallejo-Fairfield and Modesto.
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