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)

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