Wednesday, April 2, 2008

"FORECLOSURES LEAVE BROKEN DREAMS" - DENVER POST (4/2/08)

Because I have spent an awful lot of time in these types of homes, I felt a sense of connnection to this article in the Denver Post today.

I have seen the photos left behind... children's school work on the floor... toys abandoned in the backyard... and occassionally the massive "tear outs" when people leave a home with bitterness and anger.


There's both an economic side and a human component to the foreclosure drama that has played out in Colorado.

For first-time buyers, investors and others who are taking advantage of steep REO discounts, this is a season of tremendous opportunity.

For those leaving homes they could not afford, it's a season of pain and sorrow.

There's a lot of emotion in this housing market, both positive and negative. When you walk through a foreclosed home, you feel both sides of it.