Foreclosures up in April over March

BOULDER – The number of foreclosures initiated in Boulder and Broomfield counties increased in April, according to data from the county assessors’ offices.

Last month 95 foreclosures were started in Boulder County, up more than 23 percent from March but still below the 130 foreclosures that were filed in April 2010.

The number of foreclosures started in Broomfield more than doubled the past month, jumping to 19 from nine. In April 2010, 30 foreclosures were filed.

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The number of foreclosures that were completed by a property sale remained steady. In Boulder County 60 sales were completed in April, down slightly from the 64 finished in March but more than the 54 completed in April 2010.

In Broomfield, five foreclosures were completed in April, down from the seven completed in March and the 10 that were finished in April 2010.

Longmont led all the cities in Boulder County in the number of foreclosures started and completed, with 35 and 31, respectively. In March, 36 foreclosures were filed and 32 deeds were issued.

In the city of Boulder, 23 foreclosure proceedings were started, which is the same as the number stared in March, and nine properties were sold. Seven properties were sold in March.