Colorado foreclosure rate still No. 1 in U.S.
For the second consecutive month, Colorado has the dubious distinction of having the highest foreclosure rate in the nation, the latest sign that the weak, lower-priced housing market continues to plague the economy.
The report by RealtyTrac Inc. of Irvine, Calif., shows that 3,706 homes in Colorado were in some state of foreclosure in April.
That equates to one of every 494 households in foreclosure, according to RealtyTrac. The national average is one of every 1,268 households.