Thursday, May 5, 2011

Housing News Digest, May 5

Boulder County foreclosure filings down 33 percent in 1Q of 2011 (Daily Camera)
Foreclosure filings in Boulder County in the first quarter of 2011 were down 33 percent from the same period a year ago, according to the Colorado Division of Housing.

Colorado foreclosures drop in Q1 from 2010 (DBJ)
Colorado’s foreclosure picture was brighter during the first three months of 2011 than it was at the same time a year earlier, according to the latest statewide quarterly report Thursday from the state Division of Housing.

Fort Collins foreclosure filings decline (Coloradoan)
The housing market in Larimer County and statewide appears to be stabilizing some according to the latest foreclosure numbers which indicate a nearly 30 percent drop in filings statewide compared to the same time last year.

Foreclosures in Colorado hit lowest level in more than two years (Denver Post)
Foreclosures in Colorado have fallen to their lowest levels since the third quarter of 2008 and have fallen nearly 35 percent below 2009's third-quarter total when filings peaked at more than 12,000, the state of Colorado Division of Housing said today.

Report: Rents still higher than wages in Colorado (NCBR)
DENVER - The hourly wage a family must earn to be able to afford the rent and utilities for a home in Colorado's private housing market in is among the highest in the country, according to a national report released Monday.