Forbes Says Colorado Springs #3 City to Recover from Housing Slide

In an article dated August 13, 2009, Forbes Magazine listed Colorado Springs among the top 3 cities in the nation to recover quickly from the soft home sales market. They based their results on a combination of a large increase in sales volume, coupled with a relatively small percentage of those sales from properties in foreclosure.

Colorado Springs enjoyed a 14% increase in home sales over last year, with only 1/5 of those coming from bank-owned properties.

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