According to the Denver Business Journal, Denver’s housing market is leading the nation in a variety of categories.
Homes here sell faster than homes in any other market, the market leads the country in rising home prices, and the housing inventory here is as low as any other place in the country.
And now, Denver leads in another residential real estate category: It’s tops in the country when it comes to the percentage of homes in foreclosure that have positive equity.
In a new report by housing data firm RealtyTrac, the share of distressed properties in Denver with positive equity was 83.7 percent, which is a higher percentage than anywhere else in the country.
That’s ahead of markets like Austin, Texas (83.1percent), Honolulu (77.5 percent), and San Jose, California (77 percent). Nationally, the figure was 42.4 percent, according to RealtyTrac.
