Releases of deeds of trust up statewide, regionally

Releases of deeds of trust in Colorado increased 2.4 percent year-over-year in the first quarter from 73,025 to 74,808, indicating economic improvement.

Releases were also up year-over-year in both Larimer and Weld Counties, according to the most recent data provided by the Colorado Division of Housing.

In the first quarter, releases of deeds of trust increased 1.8 percent from 5,547 in 2011 to 5,646 in Larimer County. In Weld County, the number increased 2.4 percent from 3,009 to 3,081 in the same period.

A deed of trust is defined by the Division of Housing as a lien on real property to secure payment of an indebtedness. An increase in the number of deeds of trust released is usually a sign of an increase in refinance and home purchase activity.

Deeds of trust can be released either by refinancing a home or by a homeowner paying off a mortgage.

Comments

Advertising
Advertising
Advertising

Assessed Valuations

FacebookTwitterLinkedInE-mail Here’s a question we hear from customers quite often: When will rates go up and what happens when they

Custom Publications

Awards

  • Awards – 02/28/2014

    FacebookTwitterLinkedInE-mail Boulder-based Clean Energy Collective received the Most Innovative Solar Company award from Solar Power Generation USA. Clean Energy develops

  • Awards – 02/14/2014

    FacebookTwitterLinkedInE-mail Lafayette-based The Creative Alliance won an American Package Design Award from GD USA Magazine for packaging designed for its

  • Awards – 01/31/2014

    FacebookTwitterLinkedInE-mail Two University of Colorado-Boulder researchers were among 15 honored week by the National Academy of Sciences for extraordinary scientific

RSS

RSS

RSS

RSS

RSS

Advertising

Social Network

 
Facebook Icon
Twitter Icon
LinkedIn Icon