When it comes to low foreclosure rates, no state compares to Colorado

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Arizona saw above-average growth in first-time home buyers (63.6 percent), but this increase is also paired with a middling 0.06 percent foreclosure rate that pushed the state down to No. 10 on.

The Rocky Mountain State is well ahead of the median pack in low foreclosure rate status. The state only has one foreclosure for every 4,527 homes, according to RealtyTrac. That has resulted in Colorado having a home foreclosure rate that is one-third of the national average, as of March 2018. 5. Montana

Colorado’s foreclosure rate for 2008 was fifth highest in the nation, but grew at a slower pace than the rest of the nation, according to an annual report released Thursday by RealtyTrac Inc.

When it comes to low foreclosure rates no state compares to Colorado Colorado was a leader when it came to missed mortgage payments and foreclosures in the years before the 2008 financial crisis. Now, no state can compare when it comes to borrowers who are timely on their mortgage payments and hanging onto their homes.

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National foreclosure rates drop but 21 states buck trend. a 101-month low. Foreclosure auctions were scheduled on 47,085 properties, down 3 percent month over month and 22 percent on an annual.

Colorado was a leader when it came to missed mortgage payments and foreclosures in the years before the 2008 financial crisis. Now, no state can compare when it comes to borrowers who are timely on their mortgage payments and hanging onto their homes.

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Foreclosure rates are on a downward trend, according to a report from U.S. Foreclosure Market Report. But even though foreclosure rates are dropping, some states continue to struggle with property.

You can find Colorado’s foreclosure laws in the Colorado Revised Statutes in 38-38-100.3 to 38-38-114. (To learn how to look up foreclosure laws, see How to Find the Foreclosure Laws in Your State.) More Information. To get details about each step in a Colorado foreclosure, see Colorado Foreclosure Laws and Procedures.

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