The Denver Post reports from Colorado. "In metro Denver, home resales were down 3 percent in March from the same period a year ago. The median price of single- family homes also fell 3 percent as foreclosures pushed down home values. 'People's interest in wanting to do something has gotten stronger,' said Broker Duane Whisler. Still, he said: 'The consummation is not there.'"

"Whisler said he worked with a client wanting to sell in the Club Crest neighborhood of Arvada. Of the 29 homes recently listed there, 13 were foreclosures that were priced below the owner-occupied homes."

"'People were ready to say the housing market had turned the corner. If you look closely at the numbers, it didn't happen,' said Michael Kone, an analyst in Boulder."

From ABC News. "One out of five houses in Denver's Montbello neighborhood is in foreclosure, so community activists are out knocking on doors trying to help homeowners before they lose their homes."

"Evan Elliott lost the home he grew up in after the monthly payment on his adjustable-rate mortgage went up by $600. 'I was ripped off,' Elliott said. 'They weren't worried about me, they didn't care. And I talked to them and they told me that's what the terms were and there's nothing really I could do about it.'"

The Greeen Valley News from Arizona. "Long Companies CEO Rosey Koberlein says sales in the Tucson-area market are down 17 percent from March 2006 to March this year."

"Lynn Robinson, branch manager for the Green Valley and Sahuarita branch of Long Realty, has sold homes in here for 28 years. She said she sees more homes on the market, but added the numbers don’t necessarily represent reality, either."

"'Some people will say, 'If I can get what my neighbor did in 2005, then I’ll sell,' and that is simply not realistic,' Robinson said."

The Arizona Daily Star. "Pulte Homes has pulled out of a proposed Anthem housing development in Benson, citing the weak national housing market."

"'Right now is not the time for us to be making that type of investment,' Pulte spokeswoman Jacque Petroulakis said. 'We need to be focused on our current offerings.'"

"By dropping the plans for Anthem at Whetstone Ranch, Pulte Homes walked away from a 'substantial' investment in planning the community and purchasing an option to buy the land, said Tucson lawyer Pat Lopez. Projected prices ranged from about $120,000 up to $500,000, according to minutes from a Benson public meeting."

"R.L. Brown, a longtime Phoenix housing-market analyst, said he is not surprised at Pulte's decision, because market conditions have worsened since this and other projects were planned. Every builder is reviewing its projects, and many have been put on hold, Brown said."

The Arizona Republic. "Developers showed up, some with checks in hand, but none bid Tuesday on 125 acres of prime state trust land in the Scottsdale Airpark area. The Arizona State Land Department was seeking a minimum bid of $549,000 per acre, or $68.5 million, for a 99-yearlease of the land."

"Department officials still hope to get that price or more at the rescheduled auction on May 24. 'We're disappointed, but we'll get it done and set a record a month from now,' State Land Commissioner Mark Winkleman said."

The Daily Courier from Arizona. "The construction business of former Arizona Senate candidate Elise Townsend of Paulden filed for bankruptcy this week, three months after the Arizona Registrar of Contractors revoked its license."

"Townsend filed the bankruptcy for her Pres-cott-based business just one day before her major lender planned to auction off 1,120 vacant acres she owned in southern Arizona because she hadn't made any payments in recent months."

"Townsend said she went from selling 151 homes in 2005 to fewer than a dozen this past year. She's stuck with 37 she can't sell right now. At least a half-dozen are not finished and the values have dropped 20 percent to 30 percent. 'This isn't just a Townsend problem, it's a national problem,' Townsend said."

"The bankruptcy filing lists at least 72 mostly unnamed individual investors, including some who were local residents."

"'It's kind of got me devastated,' said Dixie Northcott from Dewey. She invested $200,000 of her savings in one of the homes that Townsend was building in the Park Ridge area of north Prescott Valley. She said she also agreed to a $50,000 temporary loan that Townsend never paid back."

The East Valley Tribune from Arizona. "Las Vegas homebuilder Jim Rhodes has suspended his large-scale development in Mohave County, a company representative confirmed."

"Rhodes has pulled work crews from his Pravada development in Golden Valley southwest of Kingman, where he has plans approved to build more than 32,000 homes on about 5,750 acres."

"'We haven’t really shut down,' said Lisa Urias, a spokeswoman for the company. 'We are basically just pulling back because it’s taking a long time and he’s working on a couple of other developments right now in Nevada. It’s a business decision that he’s made to allocate his resources in the areas that are ready for development.'"

"Rhodes became the most influential developer in the East Valley in December when he was the successful bidder on more than 1,000 acres of critically situated state trust land in Apache Junction."

"The Mohave County Board of Supervisors approved general plan amendments for four Rhodes developments in December 2005. But his plans to build more than 130,000 new homes there have stalled because the Arizona Corporation Commission has yet to issue a certificate to operate a water and sewer company that would serve his development in Golden Valley."

"Supervisor Buster Johnson said he also has been contacted by several real estate agents chastising him for the treatment Rhodes has gotten in the county. Todd Tarson, past president of the Kingman-Golden Valley Association of Realtors, defended Rhodes in an electronic posting on his newsletter."

"Supervisor Pete Byers said he is skeptical of warnings from the agents that Rhodes could abandon his developments if he does not get better treatment from elected officials. Byers added the slump in the Mohave County housing market might also be a factor in Rhodes’ decisions to put his plans there on hold."