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Colorado Was Nation's Top Foreclosure Rate State.
Colorado posted the nation's highest state foreclosure rate in December 2006.
It rose to the top with one new foreclosure filing for every 376 households, despite a nearly 4% dip in foreclosure activity from November, according to RealtyTrac.
The state registered the highest monthly rate for the ninth time in 2006, reclaiming the top spot back from Nevada.
Nevada's foreclosure rate of one new foreclosure filing for every 392 households dropped to second highest in the nation thanks to a nearly 12% decrease in foreclosure activity.
For the fifth month in a row, Greeley, Colo., posted the highest foreclosure rate among the nation's 200-plus largest metropolitan areas.
The Greeley metro area documented 391 properties entering some stage of foreclosure, a decrease of nearly 9% from the previous month and a foreclosure rate of one new foreclosure filing for every 169 households, more than six times the national average.
Georgia also reported a decrease in foreclosure activity, but the state's foreclosure rate with one new foreclosure filing for every 480 households, ranked third highest in the nation for the third month in a row.
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- Colorado Was Nation's Top Foreclosure Rate State.
- News wire article from: Mortgage Line February 20, 2008 700+ words
...Nevada. Nevada's foreclosure rate of one new foreclosure filing for every...previous month and a foreclosure rate of one new foreclosure filing for every...the state's foreclosure rate with one new foreclosure filing for every...
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- Press release article from: PR Newswire July 27, 2005 700+ words
...nation's foreclosure rate, with one new foreclosure for every 1...Florida's foreclosure rate was close behind with one new foreclosure for every 793...the national foreclosure rate to one new foreclosure for every 1...
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- Magazine article from: New Orleans CityBusiness December 12, 2006 700+ words
...Report The U.S. foreclosure rate reached a high...reported one new foreclosure filing for every...highest monthly foreclosure rate reported so far...November 2005 and a foreclosure rate of one new foreclosure filing for every...
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- Magazine article from: New Orleans CityBusiness June 26, 2006 700+ words
...increase from May 2005. With one new foreclosure filing for every 436 households, the state's foreclosure rate was 2.8 times the national...and a foreclosure rate of one new foreclosure filing for every 555 households...
- Colorado's foreclosure rate is highest in country for second quarter in row.
- Newspaper article from: Denver Post (Denver, CO) October 31, 2006 700+ words
...posted the highest foreclosure rate in the country for...quarter, with one new foreclosure filing for every...listings. Colorado's foreclosure rate was nearly three...quarter, with one new foreclosure listing for every...
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- Newspaper article from: Daily Record (Baltimore, MD) August 18, 2006 700+ words
...Nationwide, one new foreclosure was filed in July...Maryland, where the foreclosure rate fell by 35 percent...Maryland averaged one new foreclosure filing per 6,500 homes, making its foreclosure rate among the lowest...
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- Press release article from: PR Newswire October 9, 2006 700+ words
...September Shows One New Foreclosure Filing for Every...activity. With 1 new foreclosure filing for every...the state's foreclosure rate was over 4 times...households. The foreclosure rate in Nevada behaved...
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- Magazine article from: National Mortgage News July 24, 2006 700+ words
...Nevada and Georgia. Colorado, despite seeing improvement from May, had one new foreclosure filing for every 495 households, giving it a foreclosure rate 2.7 times the national average. (c) 2006 National Mortgage News and SourceMedia...
Source: HighBeam Research, Colorado Was Nation's Top Foreclosure Rate State.