Thursday, February 21, 2013

December monthly foreclosure totals now available

I'll have January numbers for you next week, but here are the December numbers for metro counties. Here are the findings:

During December 2012, foreclosure filings were down, year over year, and remained close to the lowest level reported during any other month in six years. Foreclosure auction sales also remained near six-year lows.
 Comparing year-over-year from 2011 to 2012, foreclosure filings in December fell 39.3 percent with totals falling from 2,382 to 1,445.
 December 2012 foreclosure sales (completed foreclosures) were down compared to December 2011 with a decrease of 18.4 percent from 968 to 790.
 During the full year of 2012, foreclosure filings were down 9.5 percent from 26,040 to 23,557 from 2011 to 2012. During the same period, foreclosure auction sales were down 19.8 percent from 15,822 to 12,683.
 Filings fell 0.3 percent from November 2012 to December 2012, and auction sales were down 10.2 percent over the same period.
 Mesa County reported the highest foreclosure rate during December, while Boulder County reported the lowest rate. (See Table 7.)