Oct. 3, 2009 Longmont foreclosure report

Well, turns out whoever publishes foreclosures was just on vacation last week.  Foreclosures came storming back this week with 24 new filings!  I figured it was too good to be true. 

With unemployment creeping up again for September, and the “actual” unemployment figure around 17% (defined in this Washington Post story as The unofficial number starts with the official rate and then adds in everyone else who should be working full time but is not, including those whose hours have been reduced from full time to part time, those who have become so discouraged they have given up looking for work and others who are “marginally attached to the labor force.” Many economists believe this rate is a truer measure of the health of the economy – it’s no wonder there is no end in sight for foreclosures. 

Funny, I thought the mindless brigade on council (Benker, McCoy) said it was mostly bloggers’ fault.  Enjoying that Hope and Change?

Here is this weeks map:


View Longmont Foreclosures in a larger map

KEY
Blue= 4/11/09 16 new entries (41 total)
Red= 4/18/09 20 new entries (55 total)
Green= 4/25/09 8 new entries (47 total)
Yellow= 5/2/09 9 new entries (48 total)
Purple-5/9/09 13 new entries (62 total)
Magenta-5/16/09 9 new entries (56 total)
Blue(pin)-5/23/09 16 new entries (52 total)
Red(pin)-5/30/09 15 new entries (62 total)
Green(pin)-6/6/09 9 new entries (63 total)
Yellow(pin)-6/13/09 9 new entries (57 total)
Purple(pin)-6/20/09 14 new entries (62 total)
Magenta(pin)-6/27/09 13 new entries (55 total)
Blue=7/4/09 10 new entries (53 total)
Red=7/11/09 17 new entries (61 total)
Green=7/18/09 12 new entries (59 total)
Yellow=7/25/09 10 new entries (61 total)
Purple=8/1/09 15 new entries (63 total)
Magenta=8/8/09 6 new entries (59 total)
Blue(pin)=8/15/09 16 new entries (58 total)
Red(pin)=8/22/09 14 new entries (61 total)
Green(pin)=8/29/09 11 new entries (60 total)
Yellow(pin)=9/5/09 18 new entries (65 total)
Purple(pin)=9/12/09 12 new entries (69 total)
Magenta(pin)=9/19/09 27 new entries (81 total)
9/26/09 0 new entries (65 total)
Blue(pushpin)=10/3/09 24 new entries (76 total)

Breakdown by Ward since I started keeping track (4/11/09)
Ward 1=143 (Councilmember: Brian Hansen)
Ward 2=111 (Councilmember: Karen Benker) (up for re-election)
Ward 3=74 (Councilmember: Sean McCoy)

September 26, 2009 Longmont foreclosure report

There were no new foreclosures reported this week!

But something strange about the Times-Call Legal Notices section was that there were no new foreclosures for any city in Boulder County.  Even on slow weeks for Longmont, there were always plenty of other reported foreclosures for Boulder, Lafayette, Louisville, Nederland, Superior, or Erie.  But there was zero, nada, zip.  Either someone’s taking the week off, which might explain last weeks record numbers, or they didn’t want to have three sections of the paper just for foreclosures.

There still were 65 foreclosures reported for Longmont alone, and it took up about 16 pages.  I guess we’ll find out next week.