Local Foreclosure Woes Ease in March

Summary

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Far fewer Colorado Springs-area property owners fell into foreclosure last month - a sign that foreclosure woes have eased, but haven't disappeared.

Foreclosure filings in the Springs and surrounding El Paso County totaled 272 in March, a 42.1 percent drop from 470 filings during the same month last year and a 5.6 percent decline from 288 filings in February, according to a report released Friday by the El Paso County Public Trustee's Office. March's total was the fewest number of foreclosure filings since 258 in September 2008.

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Extract

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Local Foreclosure Woes Ease in March

Foreclosure filings totaled 971 in the first quarter of this year, down nearly 20 percent from 1,211 during the sam...

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