Fewer Foreclosure Filings = Future Foothold

It was announced today that Colorado’s foreclosure filings were down this year 27% compared to that of 2010.

Pagosa Springs foreclosures have seen a similar decline. My last calculations for Archuleta County came in at 24.3% down from last year.

The pace of sales going into late Fall are staying moderately stable, keeping us all busy here before the Holidays. If this trend continues, we could be seeing firmer ground in the home prices. (but be careful about listening to me, I’m a hopeless optimist)

Tagged ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: