New York Fed: Colorado 23rd in nation for REO inventory

Colorado is in the middle of the pack when compared to other states' REO inventory. According to a recent report released by the New York Fed, the total REO inventory in Colorado, as of June 2012, was 8,596 properties. That makes Colorado 23rd in the nation.

The breakdown:

COLORADO

Properties owned by lenders
(Real estate owned)	8,596
Share of all United States REO	1.9%
State rank	15
REO loans share of all loans in state	0.78%
State rank	23
Change in REO inventory from June '12 to December '13 in three scenarios:
CONTINUES RECENT TREND	-26.9%
STABILIZING TREND	-18.1%
DECLINING TREND	+20.7%