Colorado foreclosures edge up, auction sales slow down
OtherForeclosure filings rose 3.5% in Colorado’s major metro areas last month, growing from 1,986 filings in February of 2010 to 2,056 in the most recent period, the Colorado Division of Housing said Wednesday. At the same time, foreclosure auction sales reached a five-year low, with total sales down 6.7% from 2011, making it the lowest February sales total since 2008. The housing division cautioned against trying to extrapolate a larger connection between the two events. Ryan McMaken with the Colorado Division of Housing says foreclosure filings show what’s happening in […]