Monday, July 14, 2008

Not Just Subprime


The foreclosure tsunami is starting to sweep over some of Denver's most exclusive neighborhoods.

Homes priced at $1 million or more in places like Cherry Hills, Cherry Creek Country Club and LoDo are popping up more frequently on foreclosure rolls.

On a recent week, the Douglas County Public Trustee received six new filings for

$1 million-plus homes entering the foreclosure process.