They also reported that it will take over an entire decade to see a full recovery from the drastic drop in national home prices. One of the major factors in the length of the recovery and the downturn is the degree of aggressive lending each region felt during the boom. The recovery time will vary from region to region.

Colorado didn't feel the boom near as much as other regions and therefore may be one of the first regions to recover, however the downturn is not over and there will still be a recovery period, during which we will see many homeowners struggle to survive. We will see more foreclosures and short sales before the recovery is over. If you are one of those homeowners, or are looking for solutions before you struggle, please contact us. We can help. We have many solutions to discuss with you. If you'd like more infoarmtion about the market, short sales, loan modifications or avoiding foreclosure please fill out the form below.