Foreclosure Filings In Denver Area Drop
DENVER (AP) - The number of new foreclosures in the Denver area continue to drop but state officials say the number of foreclosure sales is still relatively high.
The Colorado Division of Housing said Tuesday that foreclosure filings and foreclosure sales at auction in the state's 12 largest counties fell during April compared with April 2010.
Weld County saw the biggest drop in foreclosure sales at 39 percent. Three counties reported increases in sales -- Jefferson, Boulder and Pueblo counties.
Division spokesman Ryan McMaken said it's been seven months since foreclosure filings have increased. However he said foreclosure sales are still high compared to what was seen in the spring of 2008 and 2009 because there are still so many pending foreclosures.
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