Foreclosure filings up in Larimer, down in Weld

New data from the Colorado Division of Housing shows mixed results for foreclosure filings in April in the Northern Colorado region.

In Larimer County, foreclosure filings increased 30.1 percent year-over-year in April from 73 to 95. In Weld County, filings decreased 9.9 percent from 161 in April 2011 to 145 a year later.

Foreclosure filings numbers provide a view of how many borrowers have become seriously delinquent in their loans.

Foreclosure sales were down in both counties, with Larimer seeing a decrease of 43.8 percent year-over-year in April from 64 to 36. Weld saw a decrease of 35.5 percent in the same period from 110 to 71.

Statewide, filings went up, by 7.3 percent to 2,075 in year-over-year in April, and sales decreased by 36.2 percent to 1,024 in the same period.




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