Metro Denver Foreclosures Plummet
Notices of default, foreclosure auctions, and bank repossessions fell 45.8 percent in the first quarter of 2009 from the same period in 2008 in metro Denver, reported RealtyTrac, based in Irvine, Calif.Â Nationally, foreclosure activity rose 24%.
Banks seem more willing to short sale homes now to keep their inventory of foreclosures down, which could be adding to the drastic drop in foreclosure activity.Â The Denver Post has a full article here.
Are you looking for a Metro Denver Foreclosure, or just a great deal in general??Â Contact Me to get an updated list of foreclosures and short sales the minute they hit the market!