Colorado Springs Vintage Homes Blog

Foreclosures in Colorado Springs continue on the upswing

Foreclosures on the rise in El Paso County

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I was doing some research for a couple of clients on foreclosures this morning, and pulled up the current foreclosure reports for Colorado Springs as of November 30th, 2009    We’re definitely still on the upswing for foreclosure filings with a 16% increase in 2009 from 2008.   Last year the average monthly rate for new foreclosures was 384, this year the monthly rate is 446.  Here’s the link to the Report and here’s a quick summary of the last several years:

2004    2,298 Filings

2006     2,570 Filings Read the rest of this entry »

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