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Real Estate Market Summary :

In the first half of the year, Colorado ranked No. 9 as far as its foreclosure rate, according to a national report released today by California-based RealtyTrac. The report, which tracked all foreclosure activity from the initial filing until the REO (Real Estate Owned) when the home typically is returned to the bank, also showed that Greeley was ranked No. 17 out of 211 metropolitan statistical areas tracked by the company.

For all of Colorado, foreclosure activity dropped by 14.7 percent from the first half of 2011. However, the overall country showed a 29.3 percent year-over-year decline.

In Colorado, one out of every 84 homes were in some stage of foreclosures, compared with a national average of one out every 111. In Greeley, one out of every 49 homes were in some stage of foreclosure. In the Denver MSA, one out of every 52 housing units were in some stage of forclosure. The Denver MSA includes the counties of Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park. Adams County had the highest foreclosure rate in the metro area, with one out of every 52 units in some stage of foreclosure, equating to 1.9 percent of the housing inventory. In Denver, one out of every 98 units were in some stage of foreclosure.

City Info :

Colorado transportation system connects its cities, residents, and visitors through a diverse and well regulated modes. Colorado's primary method of transportation is its highway system. Interstate 25 is the primary North/South highway in the state, connecting Denver, Colorado Springs, Pueblo, Fort Collins, and Greeley, and Interstate 70 is the primary East/West route connecting Denver with the mountain communities and Grand Junction. The state is home to a network of US highways and state highways that provide access to much of the state, while smaller communities are only accessibly through county roads. Denver International Airport is the fifth busiest airport in the world and handles the bulk of non-military air traffic in and out of Colorado. Rail traffic is important for industrial use, but typical Colorado residents to not use rail transportation outside of the light rail mass transit system in the Denver Metropolitan Area, which is operated the Regional Transportation District. Other public transportation services offer both intra-city and inter-city bus service.

Home Just Sold in Colorado :

Sports Teams :

National League
American Association
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Indoor Football League
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North American Soccer League

Interesting Fact :

"Beulah red" is the name of the red marble that gives the Colorado State Capitol its distinctive splendor. Cutting, polishing, and installing the marble in the Capitol took six years, from 1894 to 1900. All of the "Beulah red" marble in the world went into the Capitol. It cannot be replaced, at any price.

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