Grand Junction Blog

Mesa County foreclosure were higher for the first 11 months of 2009 than 2008. This is in contrast to nine of the 12 largest counties in Colorado. Nine of Colorado’s 12 largest counties had fewer foreclosure sales in the first 11 months of 2009 than in the first 11 months of 2008, according to the Colorado Division of Housing. El Paso and Boulder were the other two unfortunate counties.

In fact Mesa County had the largest increase in foreclosures among those 12 largest counties, up 181%. Mesa County had 1,058 foreclosure filings between January and November 2009, up from 442 during the same 11 months a year before. Foreclosure sales increased from 102 to 287 during that period.

Foreclosure filings more than doubled in 2009 in Mesa County. However, November totals are down from October. In November Mesa County had 93 foreclosure filings. That’s down from 154 filings in October and 127 filings in September. Those were the first months Colorado began releasing monthly foreclosure data.

Foreclosure sales increased in Mesa County from 39 in October to 46 in November. Mesa County had 46 foreclosure sales in November 2009, compared with 16 last year, and 93 foreclosure filings in November, up from 40 in the same month of 2008.

Colorado overall saw a 13 percent decrease in foreclosures, going from 17,160 in January through November 2008 to 14,975 during the same months in 2009.

Denver County led the way with a decrease of 33 percent, followed by Adams County at 22 percent, Arapahoe County at 20 percent, Jefferson County at 14 percent, Douglas County at 5 percent, Larimer County at 4 percent and Broomfield County at 3 percent.

Read it here