Foreclosures on the Rise in Colorado

A lender foreclosure sign is seen in front of a house, Thursday, July 24, 2008, in Shaker Heights, Ohio. Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades. (AP Photo/Tony Dejak)

Foreclosures in Colorado are up, and filings this year could top those seen in 2007.

Colorado public trustees, who keep track of foreclosure filings, reported that filings were up 8.6 percent during the second quarter.

The Colorado Division of Housing says forecasts suggest filings for 2008 may rise some 15 percent.

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