According to ATTOM Data Solutions metro Denver’s foreclosure start rate in May dropped 49% from last May! This is a HUGE DROP from already absurdly low levels. We had just 127 foreclosure starts last month in a metro area with approximately 750k homes. This puts our foreclosure start rate at 0.0002%.
The naysayers keep saying that homes are not affordable. But, if this was the case then foreclosure starts would be increasing. The moral of the story, don’t let facts get in the way of your story.