Both Buyer and Seller, Lyons, CO
this is a declining market. Homes in SC are 40% overpriced. Most were sold with jumbo loans, which cannot be refinanced. Several foreclosures have been flipped, for hundreds of thousands less than original prices. They are large homes, so you'll pay some eye popping property taxes, and Lyons is expected to be broke in 2011 because they wont have revenue from new construction. If you love a small HOA of 72 homes within a small town of less than 2000 people, you might consider this place. You need to be politically savvy, and kow tow to the town administrator, who lives in and runs the neighborhood. If you understand small towns, you can do well here. If you don't you'll find yourself in hell.