Carlsbad, CA (PRWEB) June 14, 2008
For those in search of foreclosure homes, Colorado might be the place. New Foreclosure Online, a foreclosure listing and information site that services the continental United States, has noticed that the number of foreclosure filings in Colorado has been on the rise. In fact, foreclosure filings rose 23 percent in the state during the first quarter of the year, according to the Colorado Division of Housing.
Foreclosure listings just continue to rise in Colorado. There were 11,630 new foreclosure filings made during the first quarter of 2008, up from 9,443 in the same period of 2007. This is followed by a six percent increase in the fourth quarter of 2007 compared to one year prior. There currently seems to be more foreclosure listings in Adams and Weld counties. Adams County had one foreclosure filing for every 86 households during the first quarter of 2008, while Weld County had one foreclosure filing for every 102 households.
When it comes to the sale of foreclosure homes, Colorado also saw an increase of five percent compared to the number of sales at auction in the first quarter of 2007. With approximately one foreclosure listing for every 159 households in Colorado it is clear that there is no end in sight to this trend. Now may be the perfect time for investors to search for a foreclosure listing within their price range from a reputable source such as New Foreclosure Online.
For more information about foreclosure listings in Colorado and throughout the United States, visit http://www.newforeclosureonline.com.
About New Foreclosure Online:
New Foreclosure Online provides a helpful database of foreclosure listings, which provides buyers with an inexpensive way to find a home. A large list of foreclosure homes is perfect for those looking to invest in a virtually risk-free real estate opportunity. With a complete foreclosure listing, buyers can find the home of their dreams, or their next investment. The complete list can also provide information about each foreclosure, and in some cases, about pre-foreclosed homes and auctions.
Thousands of houses are foreclosed each day in the United States, and even more people are interested in buying one. As soon as a buyer finds the house that fits into their budget and preferences, they can buy it. The process is simple, but without this list finding the house is nearly impossible. By joining New Foreclosure Online, buyers can also find everything they want to know about this market, the legal steps of the process and the possibilities of investment.