Colorado Division of Housing
An affordable housing fund aimed at providing homes near transit hubs for lower-income residents will expand into the seven-county metro area in the next decade.
Rent keeps rising in Colorado and the average now tops $1,000 a month.
Foreclosure auction sales last year dropped to the lowest level reported since 2004.
The Colorado Division of Housing says new foreclosure auction sales were down 19 percent last year.
The number of homes going into foreclosure in Colorado metro areas has dipped to the lowest level in nearly six years, according to the Colorado Division of Housing.
Foreclosure filings were up in Colorado last month, but foreclosure auction sales fell to a six-year low.
New foreclosure auction sales were down 26 percent in Colorado during the first half of 2012 compared to the first half of 2011.
The number of foreclosure filings in Colorado’s 12 largest counties has kept declining, according to state housing data released Thursday.
Colorado foreclosures fell more than expected last month to a 42-month low in metropolitan counties.
Communities outside the Front Range are feeling the foreclosure pain despite a 27 percent drop in foreclosure filings in Colorado.