Foreclosures, the defining signifier of the Great Recession for many Americans, are coming to a screeching halt in Colorado. In fact, the state’s foreclosure rate improved at about twice the national average between 2012 and 2013.
Aldo Svaldi reports on new data from RealtyTrac indicating the vastly improved state of the real estate market in Colorado: “Foreclosure activity in Colorado fell by 54 percent last year from 2012, with 16,684 homes, or 1 of every 132, at some stage of the foreclosure process.” New foreclosures in the state also produced good news, falling 58 percent.
For the sake of comparison, “U.S. homes in foreclosure fell by nearly 29 percent and the number of new foreclosure starts dropped by a third.”
Colorado has been performing well in other measures of prosperity too, showing well in a recent report about household wealth—one out of every 18 Colorado households has investable assets of $1 million or more.
FULL STORY: Colorado foreclosures tumble in 2013
Starter Homes Are a Non-Starter
As prices rise, especially in desirable urban markets, what used to be called "starter homes" rarely come up for sale. And when they do, they go for more than first time home-buyers can afford.
On the Docket: Stabilizing Neighborhoods in Cleveland
Real estate speculators are being fined big bucks in Cleveland for letting properties sit vacant, but the jury's still out on whether this is the key to stabilizing neighborhoods.
Bank Doesn't Need Proof it Owns Your Mortgage to Foreclose in Colorado
Starting in 2002, the Colorado legislature began to make it easier to foreclose on properties in Colorado. Original loan documents are no longer required to prove the bank actually owns the property.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes
Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.
Test News Post 1
This is a summary
Test News Headline 46
Test for the image on the front page.
Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species
The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service