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94 Colorado RANK: 50 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2014 1.12% 0.54% 5.1 YEAR AGO 1.43% 0.80% 6.8 YEAR-OVER-YEAR CHANGE -21.9% -31.9% -1.7 Top County LAS ANIMAS COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 1.63% 2.45% YEAR AGO 3.06% 2.70% YEAR-OVER-YEAR CHANGE -46.8% -9.1% Top Core-Based Statistical Area STERLING, CO 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 1.40% 1.32% YEAR AGO 1.26% 1.14% YEAR-OVER-YEAR CHANGE 11.0% 16.2% 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 July 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary July 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Housing Market Slow But On Its Way to Recovery in Colorado ough the economy in Colorado is among the best of any state in the country, the housing market recovery in the state has been slow, according to a special commentary released by Wells Fargo Economics Group. e commentary indicates that there is cause to believe the outlook for the housing market in Colorado is bright, however. Colorado's unemployment rate dropped to 5.3 percent in July, and the state's real GDP grew at a rate of two points faster than the national average in 2013. e construction industry reported an increase of 5.9 percent in payrolls due to more homebuilding to accom- modate the state's rapidly growing popula- tion, Wells Fargo reported. Where housing recovery is concerned, however, Colorado's struggles mirror those of the country as a whole, according to Wells Fargo. Year-to-date home sales are down 1.8 percent from last year in Colorado, while single-family sales have declined 6.2 percent from a year ago. e decreased home sales in 2014 come following a surge in 2013, which saw single-family home sales jump up by 14.6 percent. A possible contributing factor to the weaker sales was a lack of inventory, with new home listings falling in 2014. Wells Fargo reported that the outlook for the housing market in Colorado looks promising despite the decline in single-family home sales. Multifamily home sales were up 17.4 percent after large gains last year. e number of residential construction permits for both single and multifamily units has increased along with the rise in the number of construction jobs, which makes Colorado an outlier from the national trend. Colorado's delinquency and foreclosure rates are well below the national average, according to Wells Fargo. Home prices have increased by 7.9 percent over last year and are above their pre-recession peak, which has contributed to keeping the negative equity rate in Colorado 5 percent- age points below the national average. e growing demand for vacation homes in Colorado has been a contributing factor in the rising home costs. Hawaii RANK: 4 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2014 1.91% 4.12% 4.3 YEAR AGO 2.25% 5.63% 4.8 YEAR-OVER-YEAR CHANGE -15.1% -26.8% -0.5 Top County HAWAII COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 2.24% 7.25% YEAR AGO 2.66% 10.23% YEAR-OVER-YEAR CHANGE -15.9% -29.1% Top Core-Based Statistical Area HILO, HI 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 2.24% 7.25% YEAR AGO 2.66% 10.23% YEAR-OVER-YEAR CHANGE -15.9% -29.1% 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 July 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary July 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Idaho RANK: 29 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2014 1.28% 1.25% 4.7 YEAR AGO 1.67% 2.22% 6.2 YEAR-OVER-YEAR CHANGE -23.3% -43.7% -1.5 Top County MINIDOKA COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 2.23% 3.00% YEAR AGO 2.29% 4.21% YEAR-OVER-YEAR CHANGE -2.5% -28.6% Top Core-Based Statistical Area BURLEY, ID 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 2.08% 2.56% YEAR AGO 1.95% 3.63% YEAR-OVER-YEAR CHANGE 6.5% -29.6% 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 July 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary July 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Montana RANK: 37 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2014 1.00% 0.88% 4.7 YEAR AGO 1.21% 1.10% 5.7 YEAR-OVER-YEAR CHANGE -17.8% -19.6% -1 Top County LINCOLN COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 1.63% 2.33% YEAR AGO 1.26% 1.55% YEAR-OVER-YEAR CHANGE 29.4% 50.2% Top Core-Based Statistical Area BUTTE-SILVER BOW, MT 90+ Day Foreclosure Delinquency Rate Rate JULY 2014 1.11% 1.53% YEAR AGO 1.40% 1.34% YEAR-OVER-YEAR CHANGE -20.5% 13.9% 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 July 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary July 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics.