Category: Foreclosures
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Challenging Sales Market Will Push Default Rates Higher in 2009
Feb 27, 2009 11:40 AM, By Elaine Misonzhnik Deteriorating property fundamentals and a dearth of available financing continued to wreck havoc on the investment sales market in the fourth quarter of 2008, reports New York-based research firm Reis. Sales volumes fell by double digits compared with the fourth quarter of 2007 in office, retail, multi-family…
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Completed foreclosures drop in county, state
BY DAVID YOUNG DavidYoung@ coloradoan.com Foreclosure activity across Colorado has dropped for the first time since 2003, and Larimer County is on par with the rest of the state thanks to programs like the state’s foreclosure hotline, according to experts. According to the Colorado Division of Housing fourth-quarter 2008 foreclosure report released Monday, completed foreclosures…