Thursday, February 2, 2012

December foreclosures: Filings inch up at year's end


We recently released statewide foreclosure totals for Colorado during the fourth quarter. For those of you who follow the monthly stats, we've posted the monthly data through December 2011.

Findings for December:

Foreclosure filings were down in December 2011 when compared to December 2010, and foreclosure sales at auction in December were at the second-lowest total reported since April 2008.

Comparing year-over-year from 2010 to 2011, foreclosure filings in December decreased 17.7 percent with totals falling from 2,893 to 2,382.

December 2011 foreclosure sales (completed foreclosures) were down compared to December 2010 with a decrease of 27.9 percent from 1,342 to 968.

Filings rose 3.7 percent from November to December 2011, and auction sales were down 25 percent over the same period. December’s filings were at the second-highest level reported since January 2011.

In year-end, comparing 2010 to 2011, foreclosure filings were down 27.7 percent and sales at auction were down 21.2 percent.


See here for the full report.

The monthly reports feature data from the following counties:
Adams
Arapahoe
Boulder
Broomfield
Denver
Douglas
El Paso
Jefferson
Larimer
Mesa
Pueblo
Weld