Housing officials: It's getting easier to avoid foreclosure in Colorado

Foreclosure sales drop in first 3 quarters

DENVER - It's getting easier to avoid foreclosure by using a short sale or a conventional sale because of the improving housing market, a Colorado Division of Housing official says.

Ryan McMaken says foreclosure sales fell nearly 24 percent in the first three quarters of 2012, compared with the same period last year.

According to the Denver Post, there were about 12,000 foreclosure auction sales through September, compared to more than 15,000 in the first nine months of 2011.

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