Metro foreclosures at 15-year high - 2004-01-10
As expected, home foreclosures in the metro area reached a 15-year high in 2003. Last year, 9,431 foreclosures were filed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. That's a 43.5 percent jump from 2002, when 6,574 homes went into foreclosure.
In a rising market and a strong economy, that wasn't a problem. But many people lost their jobs and then found their mortgages were worth more than their homes.
Read the full story at Rocky Mountain News 
