Colorado leads the nation in foreclosures!

Colorado leads the nation in foreclosures!

From Hot To Not: Colorado Now Leads Country In Foreclosures
Colorado's foreclosure picture bleak, firms say
Special Report: Foreclosing on the American Dream

These are some of the more sensational headlines I have seen recently. Click 'em! They are real links!

Regrettably, many of the journalists are missing the boat or just plainly trying to sell newspapers. Many are not educated about real estate, many more are plainly, simply not completely informed.

Just like I wouldn't have Simon Cowell be on the review committee of the Nobel Peace Prize, I wouldn't permit a journalist to be the standard bearer for real estate analysis. So, to help my readers become better aware of the market here in Denver and Colorado I will be providing timely analysis of the Denver Real Estate Market here on this website.

During this next months, I will be doing a brief review of the Denver market and providing readers an insight as to how each area is doing around town, defining terms and identifying trends. In short, starting an illuminating dialogue.

The sky is not falling. Over the next few weeks, you will see that the sky is far from falling. Indeed, the sun is nicely shining.

I will focus on the following 19 cities around and including Denver:

1. Arvada
2. Aurora
3. Broomfield
4. Castle Rock
5. Centennial
6. Denver
7. Erie
8. Golden
9. Highlands Ranch
10. Lafayette
11. Lakewood
12. Littleton
13. Louisville
14. Northglenn
15. Parker
16. Superior
17. Thornton
18. Westminster
19. Wheat Ridge

As we start this journey, I will be glad to take your questions and answer them here. I look forward to hearing from you.

Kind regards,

Michael J. Clarkson

Broker Associate

RE/MAX Alliance

Visit me at:

http://www.MileHighHomeHunter.com

http://www.MileHighForeclosure.com

RE/MAX Alliance - Michael Clarkson - Monthly Real Estate Update - February 2007

Here is a link to my "February Real Estate Update":

Click Here

This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.

This month's issue includes topics such as:

"Increase the Odds of Selling Your Home by Cleaning Out Clutter";
"Resolve To Protect Your Household's Bottom Line";
"For Some, It's Time To Appeal Property Tax Bills";
"Post Boom Second Home Buying Strategies";
"Homebuyers Paying Too Much in Points, Says New Statistical Study";

Plus a roundup of January real estate activity as well as much more advice and information.

I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!

Sincerely,

Michael Clarkson

Foreclosure rates are still high and climbing!



REALTOR® Magazine - Daily News

Daily Real Estate News October 13, 2006

Foreclosure Rate Still Soars, Led by Colorado

Nationwide, more than 112,200 homes entered some stage of foreclosure in September, a decrease of less than 1 percent from August and a whopping 63 percent jump from the same month last year, according to data from RealtyTrac, an online marketplace for foreclosed properties.

The report also shows a national foreclosure rate of one new foreclosure filing for every 1,030 U.S. households, the third highest monthly foreclosure rate reported this year.

The highest foreclosure rates were recorded in Michigan, Colorado, and Nevada. Other states reporting foreclosure rates among the nation’s 10 highest were Florida, Georgia, Indiana, Illinois, Texas, Ohio and Utah.

California, meanwhile, surpassed Texas and Florida to become the state with most new foreclosure filings. The state documented 14,806 properties entering some stage of foreclosure, nearly three times the number reported in September 2005 and a foreclosure rate of one new foreclosure filing for every 825 households — 1.3 times the national average. The state’s foreclosure activity has risen more than 40 percent over the last two months.

— REALTOR® Magazine Online


Posted by:
Michael Clarkson
Broker Associate
RE/MAX Alliance - Westminster

303.403.2641
http://www.MileHighHomeHunter.com
http://www.MileHighForeclosure.com