Denver metro sees fewest distressed sales among 25 biggest urban areas
A foreclosure sign. (Jeff Turner/via Flickr/Creative Commons 2.0)
Denver homeowners, give yourself a high-five.
Our fair metro had the least distressed home sales among the 25 biggest urban areas, according to a report from Corelogic. That means fewer foreclosures and short sales than anywhere else this March.
Nationally, distressed sales were 9.9 percent of all sales; in the Denver metro, they were 2.6 percent of sales.
If you think that’s low, wait until you hear how many foreclosures were in Denver county during that time — 10. That’s right, according to the city’s real property and sales data, only 0.45 percent of total home sales in Denver county were foreclosures.
Montbello, with 2, had the most.