Despite Colorado Home Price declines, many families still can’t afford homes
Foreclosure filings up, sales level off:
Weld County’s foreclosure sales are leveling off, but that’s about the extent of the good news through November. The actual number of foreclosure sales in Weld County are one less this year than last, but the rate of foreclosure ranks at the top of the state, according to a report released by the Colorado Division of Housing on Monday.
Go to Article (Greeley Tribune)
Foreclosure sales down from 2008, but new filings up, in Colorado¿s urban counties:
Foreclosure auction sales in urban Colorado counties declined 13 percent in the first 11 months of 2009 from the same period of 2008, the state Department of Local Affairs’ Division of Housing reported Monday. But at the same time, new foreclosure filings rose 12 percent in the 12 urban counties covered by the report, officials said.
Go to Article (denver business journal)
Foreclosure sales drop in Larimer County:
Foreclosure filings increased in Larimer County while foreclosure sales decreased through November, according to a new report released Monday by the Department of Local Affairs Division of Housing. Larimer County’s year-to-date foreclosure sales, compared with 2008, dropped 4 percent, from 759 to 727. At the same time, filings through November compared with last year increased 30 percent, from 1,493 to 1,947.
Go to Article (Ft Collins. Coloradoan )
Gov. Ritter Announces Projects to Mend Colorado’s Tattered Safety Net:
December 21, 2009 – (RealEstateRama) – Gov. Bill Ritter today joined the Colorado Coalition for the Homeless and dozens of community members to break ground on a 98-unit apartment building for the chronically homeless and low-income. Future tenants who are currently homeless will help construct the building in Denver’s Capitol Hill neighborhood. Gov. Ritter used the groundbreaking to also announce several jobs, anti-hunger and healthcare initiatives his administration is undertaking to mend and strengthen the state’s tattered safety net.
Go to Article (RealEstateRama)
Mesa County foreclosures up:
Nine of Colorado¿s 12 largest counties had fewer foreclosure sales in the first 11 months of 2009 than in the first 11 months of 2008, according to data released Monday by the Colorado Division of Housing. Mesa County is not one of the lucky nine. On the contrary, Mesa County had the largest increase in foreclosure sales among the dozen largest counties, 181 percent.
Go to Article (GJ Daily Sentinel)
Study: Despite price declines, many families still can’t afford homes:
Even though home prices have dropped in recent years, many low- and moderate-income families in Colorado and elsewhere still have a hard time affording housing, a new report by the Center for Housing Policy shows. They are households with ¿severe housing cost burdens, according to the CHP report released Thursday.
Go to Article (denver business journal)
