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Colorado’s Metro Foreclosures Fell in April

Foreclosure filings and foreclosure sales at auction in Colorado's metropolitan counties declined during April, according to a report by the ""Colorado Division of Housing"":http://dola.colorado.gov/cdh/.

It was the fifth consecutive month where both filings and sales were down in the state when compared to the same month a year earlier.

Foreclosure filings fell 40.1 percent last month from April 2010. Foreclosure sales at auction fell 11.2 percent during the same period.

On a month-to-month basis, foreclosure filings increased 4 percent and sales at auction fell 7.6 percent. Foreclosure filings hit a 31-month low in March of this year but have risen slightly since.

Year-to-date, foreclosure filings were down 33.2 percent and sales at auction were down 18 percent when comparing the first four months of 2010 with the same period this year.

The Division of Housing ""releases monthly data"":http://dola.colorado.gov/cdh/ on foreclosure filings and foreclosure sales in metropolitan counties in Colorado. The reports are a supplement to the division's quarterly statewide foreclosure reports.

About Author: Heather Cernoch

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