Forbes Names Colorado Springs Third Best City for Housing Recovery

An increase in housing sales coupled with a relatively low percentage of foreclosures signal a lofty comeback for this mountain city.

On Friday, June 29, 2012 - 08:46
Colorado Springs, CO

Forbes surveyed 161 of the nation's largest metropolitan areas using statistical data such as increase in residential real estate sales activity (Colorado Springs is up 14 percent) and percentage of foreclosure dealings as related to overall sales numbers. (Colorado Springs has 20 percent compared to the 50 percent foreclosure sales in other cities the same size.)