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ยป Colorado rank: 47 90+ Day Delinquency Rate Foreclosure Rate March 2013 1.6% Unemployment Rate 1.0% 7.1% year ago 1.9% 1.6% 8.2% year-over-year change -16.4% -36.7% -13.4% Top County Las animas CounTy 90+ Day Delinquency Rate Foreclosure Rate March 2013 2.6% 3.9% year ago 2.8% 2.5% year-over-year change -5.0% 58.1% Top Core-Based statistical area monTrose, Co 90+ Day Delinquency Rate Foreclosure Rate March 2013 1.8% 1.8% year ago 1.9% 3.1% year-over-year change -7.6% -42.7% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary March 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. Colorado percent to 18,343 in Q1 compared to the same quarter a year ago. The median sales price in the Centennial State also improved and rose 15 percent to $225,000 over a one-year period. Though, new listings fell by more than 7 percent across the state, mainly due to decreases in the Denver metro area and the Mountain region, CAR data revealed. As listings dropped, so did days on the market, which averaged 90 days on the market, down 22 percent. Active listings statewide totaled 30,114, representing a 4.1-month inventory supply. "These figures are quite similar to what we reported last quarter and demonstrate consistent patterns that speak to a steadily recovering market in Colorado," said CAR spokesperson Michael Welk. "We are seeing more sales, increasing median pricing, and fewer days on the market consistently over the last three quarters compared to previous years. In many areas of the state sellers are receiving as much as 98 percent of asking price on average and seeing their homes sell very quickly." Sales of bank-owned properties were down in all areas of the state, ranging from a 3 percent decrease in the Southeast to 44 percent in the Northwest. Overall, such sales represented about 22 percent of all transactions in the first quarter of 2013. The median sales price for lender-mediated properties increased 10 percent statewide compare to the same period in 2012. STAT INSIGHT Re/Max Alliance & The Haas Team ZAC BROWN 303-456-7790 Direct || 303-619-4803 Cell www.zacbrownrealestate.com www.thehaasteam.com zaclbrown@aol.com IN THE NEWS Colorado Sales, Prices Rise in Q1, Listings Drop Despite a drop in new listings, home sales in Colorado continued to trend upward in the first quarter of this year, the Colorado Association of Realtors (CAR) reported. Home sales, which include single-family residents, condos, and town homes, jumped 16 $398,048,515 Aggregate amount of consumer relief extended to Colorado borrowers by the five major servicers participating in the National Mortgage Settlement as of March 31. Source: Office of Mortgage Settlement Oversight VISIT US ONLINE @ DSNEWS.COM Connecticut rank: 7 90+ Day Delinquency Rate Foreclosure Rate March 2013 3.1% Unemployment Rate 5.2% 8.0% year ago 2.6% 5.6% 8.1% year-over-year change 21.7% -7.5% -1.2% Top County Windham CounTy 90+ Day Delinquency Rate Foreclosure Rate March 2013 4.2% 7.8% year ago 4.0% 8.3% year-over-year change 6.5% -6.0% Top Core-Based Statistical area WillimanTiC, CT 90+ Day Delinquency Rate March 2013 4.2% Foreclosure Rate 7.8% year ago 4.0% 8.3% year-over-year change 6.5% -6.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary March 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. IN THE NEWS NewOak Sets Up Credit Services Business in Connecticut NewOak Capital, a financial services firm based in New York City, announced the opening of NewOak Credit Services, LLC, in Danbury, Connecticut. The announcement was first made by Governor Dannel P. Malloy at a press conference at the Matrix Corporate Century in Danbury, where NewOak has leased 10,000 square feet of space. Malloy was joined by Catherine Smith, commissioner of Connecticut's Department of Economic and Community Development, and Danbury Mayor Mark D. Boughton. Also present from NewOak were Ron D'Vari, CEO; James Frischling, president; and Chad Burhance, head of credit services. "Growing jobs and attracting new business in Connecticut is a top priority for my administration," Malloy said. "This 81