The Durango Herald on foreclosures
County's foreclosure rates go up But Durango area looks good when compared with Front Range by Dale Rodebaugh Herald Staff Writer Article Last Updated; Monday, May 18, 2009 Foreclosure filings and real estate auction sales rose sharply in La Plata County from first quarter 2008 to the same period this year, a [CDH] report shows. But by another standard, La Plata County is not doing too badly. "Your foreclosure rate is low," Ryan McMaken, a researcher and director of communications at the state agency, said Friday. "You're not close to the problems they have on the Front Range." custom residential construction The agency's report shows that in the first three months of 2009, there were 10,745 foreclosure filings and 4,354 sales (completed foreclosures) statewide, compared to 11,634 filings and 5,899 sales in first-quarter 2008 - decreases of 8 percent and 26 percent, respectively. In La Plata County, on the other hand, filings increased from 23 in the fir...