Friday, December 7, 2012

October 2012 Foreclosure Report now online

The October 2012 Foreclosure Report is now available. The November report will be available next week.

October's Summary:

Foreclosure filings were down year over year to the lowest levels reported during October in six years, while foreclosure sales during October 2012 were up to a three-year high.

Comparing year-over-year from 2011 to 2012, foreclosure filings in October fell 20.0 percent with totals falling from 2,350 to 1,880.

October 2012 foreclosure sales (completed foreclosures) were up compared to October 2011 with an increase of 49.1 percent from 938 to 1,399.

During the first ten months of the year (Jan-October), foreclosure filings were down 3.3 percent from 21,362 to 20,662 from 2011 to 2012. During the same period, foreclosure auction sales were down 18.8 percent from 13,564 to 11,013. 

Filings rose 18.7 percent from September 2012 to October 2012, and auction sales were up 30.4 percent over the same period.

Mesa County reported the highest foreclosure rate during October, while Boulder County reported the lowest rate. (See Table 7.)

Overall foreclosure activity remains down from the peak years of 2007-2009: 

For each month and year: 

See the full report for all graphs.