New stats show improving housing market
According to state data, new foreclosure filings were down in the first quarter compared with the same period a year earlier, declining by 3.8 percent to 318 filings in Larimer and by 17.8 percent to 412 filings in Weld.
Statewide, the number of filings reported by public trustees fell year-over-year in the first quarter from 8,079 in 2011 to 7,783.
Foreclosure filings numbers provide a view of how many borrowers have become seriously delinquent in their loans.
The full report is available on the Division of Housing blog: http://www.divisionofhousing.com
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