Newsmaker 2009

Great Recession took toll on Boulder Valley

Foreclosures, bankruptcies, unemployment all up

David Clucas

The Boulder Valley was not immune to the downturn in the national economy.

Many local economic indicators worsened in 2009 – from higher foreclosures and bankruptcies, to lower home prices and employment.  

While the Boulder Valley remained better off than the rest of the nation in many ways, the Great Recession still produced harm here.

In real estate, foreclosure filings hit year-total records by October. Through November, 1,616 foreclosures had been filed in Boulder and Broomfield counties – up 38 percent from a year ago.

The area’s broadest measure of housing prices…