Nearly four of every 10 homes sold in metro Denver in the past year sold at a loss compared with the amount owed on them.Didn't the National Association of Realtors say it was always a good time to get long real estate? I guess they were wrong.
And nearly a third of the area homes purchased since 2003 are worth less than what is owed on the mortgages, according to Zillow.com, an Internet provider of home valuations.