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RealtyTrac’s foreclosure data wrong, state officials says

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A top state housing official today published a report criticizing the way that Irvine, Calf.-based RealtyTrac counts foreclosures in Colorado.  RealtyTrac’s conclusion that foreclosure activity in Colorado rose in the second quarter from the same period in 2009, is simply incorrect, said Ryan McMaken, spokesman for the Colorado Division of Housing. John RebchookJohn Rebchook has more than 30 years of…

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Denver-area home rental vacancies hit 3-year high

Federal tax credits may have convinced some people to buy instead of continuing to rent homes, Gordon Von Stroh.

Bullish outlook for Colorado’s apartment markets

Earlier today I posted a blog that showed the overall Colorado vacancy rate at the end of 2009 was 7.9 percent from 8 percent at the end of 2008, and the average and median rents were down slightly during the same time period. “Statistically it is unchanged from a year ago, although two years ago the vacancy rate stood at…

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Colorado No. 12 in foreclosures

“If history repeats itself we will see a surge in the numbers over the next few months as lenders foreclose on delinquent loans where neither the existing loan modification programs or the new short sale and deed-in-lieu of foreclosure alternative works,” James A. Saccacio.

Colorado foreclosures: Hopeful signs, but crisis isn’t over

“We’re making good progress,” Ryan McMaken.

Denver No. 46 in foreclosures

The Denver-Aurora area saw a 12 percent decrease in total foreclosures – everything from notices of election and demands to REOs – according to RealtyTrac.

Colorado No. 10 for foreclosures

“As bad as the 2009 numbers are, they probably would have been worse if not for legislative and industry-related delays in processing delinquent loans,” James J. Saccacio.

Foreclosures growing in Denver-area suburbs

“I guess we thought they just couldn’t go any higher,” Dianne Bailey.

Foreclosure sales down

“It appears very unlikely that the number of completed foreclosures will reach the total set in 2007 and 2008,” Ryan McMaken.

Colorado ranks 20th for mortgage modification programs

“Struggling homeowners in every state now benefit from reduced monthly mortgage payments and have an opportunity to stay in their homes,” Michael S. Barr.

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