Colorado Still Tops State Foreclosure Rates
Colorado continued to lead the U.S. in the foreclosure rate in August, with one national report showing that the number of foreclosures in the state spiked by 60 percent in one month.
The rate of foreclosure for Colorado in August of 2006 is 153% higher than it was in August 2005.
Statistics show 5,577 active foreclosures in Colorado, almost a 5 percent drop from July and about an 11 percent drop from August 2005.
Colorado has held the highest foreclosure rate in the nation all year long.
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