You sir, are a specialist in the art of discovering a welcoming outcome of a particular situation....not a mechanic.
My feedback add 11-12 ish before the great servpocaylpse of 2012
I have no doubt a correction is coming, but having an HOA or not isn't going to be the deciding factor in the correction. I also don't think the correction here in the denver area is going to be very extreme. There will still be enough demand that it'll reduce the impact of the correction.