Vail Valley: Eagle County foreclosure filings already top 2008 mark
Vail, CO, Colorado
Foreclosure filings in the Vail Valley are up – way up – over last year, but most people who have gotten behind on their mortgages are keeping their homes.
A Thursday report from the Colorado Department of Local Affairs shows that through the end of June, foreclosure filings in Eagle County have already topped all of last year, 180 to 179. The number of those foreclosure filings that go to a sale – meaning the owner loses the property – has also topped last year’s total, 56 to 55.
The number of “completed” foreclosures in Eagle County as a percentage of households remains fairly low – .29 percent. That’s a bit better than the number for Summit County – .36 percent – but Pitkin and Garfield counties are so far faring much better. Foreclosures as a percentage of total households is just .02 percent in Pitkin County, and .06 percent in Garfield County.
According to the state, there have been no foreclosure filings at all in Custer, Hinsdale, Jackson and Mineral counties.
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