Colorado takes fifth place in the country for overall number of foreclosures. Have a look at these second quarter numbers if you are curious.

“Despite a nearly 15 percent quarterly decrease in foreclosure activity in the second quarter, Colorado posted the nation’s fifth highest state foreclosure rate - one in every 129 Colorado households received a foreclosure filing during the quarter. Second quarter foreclosure activity in Colorado was still up more than 50 percent from the second quarter of 2007.” according to RealtyTrac www.realtytrac.com, the leading online marketplace for foreclosure properties.

Is Buena Vista immune? If we are, what are the factors keeping our market going? What can we do as community members to improve the situation?

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