Summit County, Colorado Sees Increase In Foreclosures

Local Property Foreclosures Up, But Well Below State And Nation
Some 300 properties enter foreclosure process in 2009
By Robert Allen
Summit Daily News

Friday, January 15, 2010

SUMMIT COUNTY — The local property foreclosure rate for 2009 is up about 63 percent from 2008, but it’s only a few hundred homes and local Realtors aren’t especially concerned…

…Of Summit County’s estimated 26,765 residential properties (with time-shares counting as one property each), about 280 entered the foreclosure process last year. That’s about 1.04 percent of residences.

(Click here for full Summit Daily News article)

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