By Ben Miller
Denver continues to lead the nation in a real estate category: the highest percentage foreclosed homes that have positive equity.
According to the latest data from RealtyTrac, 85.9 percent of Denver homes in foreclosure had positive equity, which was the highest percentage in the country, leading cities like Austin, Texas (83.3 percent) and Honolulu (79.5 percent).
“Many property owners underwater today have viable options that were unheard of during the last downturn,” said Al Detmer, broker associate… …read more
From:: biz journal foreclosures