The Denver-Aurora metro area had the ninth-highest foreclosure rate in the nation in 2007, according to RealtyTrac, which today released an analysis of the country’s largest 100 metropolitan areas.
The Denver homes area was ranked the highest in the nation by Irvine-Calif.-based RealtyTrac for much of 2006, while many other housing markets in other parts of the country were soaring.
In RealtyTrac’s latest report, Detroit had the highest foreclosure rate in the country. In Detroit, which has the nation’s highest unemployment rate at 8 percent, 4.9 percent of households were in some stage of foreclosure. That’s nearly five times the national average.
Stockton, Calif., ranked second with about 4.8 percent of its households in some stage of foreclosure, while the Las Vegas metro area was third with 4.2 percent of its homes in some stage of foreclosure.
Resource
A Colorado Rental Property Resource for both landlords and tenants can be found at http://www.coloradorentalproperty.net . Online land lords can post detailed information regarding their rental property, including 5 color photos. The ad can be self directed by the landlord to their cell phone or property management company. This is a service provided FREE by RealEstateColorado.Net and the ad will remain on line until it is asked to be removed.
REAL ESTATE
If you would like additional information about the Denver Real Estate area in Denver Colorado as well as anywhere in Denver Metro Area contact us at 1-800-791-3990 ext 232.
Jeffery McClintock, is a real estate broker in Denver and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.
Jeffery has been a licensed Realtor since 1995. During this time he has successfully closed over 135 million dollars of residential real estate, and 40 million dollars in un-improved land amounting to 660 individual real estate transactions. His professional experience includes the Denver Colorado front range and the Second Home market in Breckenridge, Colorado located in Summit County.
