Boulder County Foreclosures Down in Second Quarter

Posted by Phil Boren on Tuesday, July 13th, 2010 at 6:45pm.

boulder county foreclosures, boulder real estate market Boulder County foreclosures down in the second quarter! While the 2010 YTD numbers are actually up about 4% from the same period in 2009, the number of foreclosures reported by the Boulder County Public Trustee was down in each month of this (2nd)quarter. Specifically, April was down 3%, May down 14% and June down 16% (all vs. the same period in 2009).

In the first quarter of 2010, the number of foreclosures in Boulder County was up 18.6% vs. 2009; the second quarter results actually show a decline of 10.8%, resulting in the YTD increase of about 4% overall. So is the glass half empty or half full?

Realistically, Boulder County foreclosures are not going to disappear overnight. However, breaking the numbers down by quarter in 2010 does give us some basis for continued optimism going forward. With three straight months of declining numbers of foreclosures, what looked like a tidal wave at the end of March this year, now looks much more like a trickle. So the glass looks half full to us.

Keep in mind these are county-wide numbers, and the results for any sub-market may be different. If you're interested in searching for Boulder County foreclosures or if you're just interested in the Boulder real estate market, feel free to use the following links. As always, feel free to contact us with any questions and let us know how we can help you.