The month of August came and went for most Colorado Springs homeowners, but some received bank default notices for the first time. Whether the rate of foreclosures on Colorado Springs real estate increases as it has in the State of Colorado or whether the foreclosures coming into play are balanced by other Colorado Springs home sales remains to be seen. On September 15, 2011, the Denver Post cited a report from the Colorado Division of Housing. “Foreclosure filings hit a six-month high in August while … [Read more...]
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