Colorado's foreclosure rate keeps dropping

DENVER BUSINESS JOURNAL - Fewer people are having trouble with their mortgage in Colorado.

The number of foreclosure filings in the state is down 28.4 percent in September from this time last year and down 33 percent from August, according to a report from California-based Attom Data Solutions, new parent company of RealtyTrac, which compiles national housing and foreclosure data.

Colorado now ranks No. 41 among states for foreclosure filings per number of homes, with No. 1 meaning the most filings. And that number keeps dropping. At the midyear point, the state ranked No. 39.

In September, Colorado saw 146 notice of defaults, 293 notices of foreclosure sales and 214 homes repossessed by the bank. That equates to one house for every 3,428 in the state.

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