Area foreclosure filings fall in 2012 – Numbers decrease from recession records

ASPEN REAL ESTATE — The number of foreclosures in the Roaring Fork Valley plunged in 2012 after three tough years in which record numbers of homeowners failed to hold on to their houses.The number of foreclosures initiated by lenders in Pitkin County remained the same in 2012 as it was in 2011, but the numbers fell significantly in the Roaring Fork Valley portions of Eagle and Garfield counties. The number of foreclosures filed in the Carbondale-to-Glenwood Springs portion of Garfield County fell 25 percent in 2012 compared with 2011. Filings fell from 255 in 2011 to 190 last year, according to an analysis by Garret Brandt, a former land-use attorney and real estate agent in the Roaring Fork Valley. He recently moved to Texas but still tracks foreclosure data in the area. In the Basalt and El Jebel regions of Eagle County, the number of foreclosure filings dropped 52 percent from 107 in 2011 to 51 last year, Brandt’s report showed.
By Scott Condon, Jan. 31, 2012 AT

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