DENVER (AP) -- State housing officials say foreclosure filings hit a record high in the second quarter with 12,135 homes entering the initial proceedings of bank repossession.
Nearly 5,000 foreclosures were completed, meaning the homes were returned to the bank, according to Colorado Division of Housing figures released Thursday.
Metro area counties showed declines in completed foreclosures while Mesa County experienced the sharpest increase at 143 percent.
Completed foreclosures in El Paso County increased 30 percent. During 2008, there were 39,333 total foreclosure filings and 21,301 total completed foreclosures.
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