The short sale market is picking up speed. A nationwide survey of real estate agents conducted by Campbell Communication, Inc. just last month found that 20% of completed home sales in the fourth quarter across the country were short sales or pre-foreclosure sales.
 For home owners in distress over declining property value and upwardly adjusting payments [...]

In the past 12 months the inventory of unsold homes in the seven counties that comprise the metro area has grown from around 23,000 to over 27,000. Along with growing inventory of housing, the rate of foreclosures is also growing.
 In March, the State of Colorado reported 5392 homes entered the foreclosure process. This is the highest [...]