Posted: Aug 5, 2010 11:19 AM by Bea Karnes, News First 5
Updated: Aug 5, 2010 11:20 AM
Colorado housing officials say the number of new foreclosure filings in the state has reached its lowest point in more than a year.
The Colorado Department of Local Affairs' Division of Housing said Thursday that there were 10,233 new filings in the second quarter. That's down nearly 16 percent from the second quarter last year. It's also down about 8 percent from the first quarter of this year.
Through the first six months of the year, foreclosure filings are down 5.6 percent compared with the first half of 2009.
Filings fell by 20 percent and 12.8 percent in Pueblo County and El Paso County, respectively.