Colorado Real Estate Rebonds A Bit!

Denver hits #1 in Home Price Index...a good sign in my book!

After months of negative housing reports, the media finally had something positive to say about the Denver Real Estate market. Denver topped the list of 20-city composites in the S&P/Case-Shiller Home Price Index, and it has given the local media something positive to say. The Rocky
Mountain News reported, “The Denver-area housing market from May to June, showed the most appreciation of 20 metropolitan areas tracked' . The statistics bring us all some hope that the rate of home price decline may be slowing.

The Denver real estate market could see growth in the spring of 2009, many predict "Our market is going through recovery. By October or November, this market will really bottom out. Then in the next six months, we'll be stable, and we'll see some growth in April and May. I believe Colorado will lead this nation out of this recession/depression”.

Call me now and lets get your house ready, appraised, and positioned for sale in the Boulder, Louisville, Lafayette, Broomfield and surrounding area. No one will do/care more for you than I, and that is why Carrie DeGraw and Re-Max has become synonymous with "SOLD" for 26 years in my geographic area of expertise. Smile :)

Living in Boulder County

How does it feel to be a 3rd generation native in a community that started as a base for mining camps and evolved into the granola, health, environmentally involved center of the "People's Republic of Boulder" that it is today....

Not many people know that Boulder became what is is today because of the clash of the Hippies and the Rednecks in 1968 and they fought til 1972...yes Boulder was a redneck community with a communist campus (at least that's what the truckers said).

In 1967 the world was going to come to an end and the only place safe was the mountains so truck loads of the young, non conformist flocked to Boulder. I know, I met them at the west end of Gross Reservoir, building a raft too see if they could find civilization....I was 11 and thought they were idiots......anyway the hard core hippies blended in to the hills...Nederland, Coal Creek Canyon, Lyons. The not so radical stayed and created Celestial Seasonings, White Wave .....Everybody Lmtd....Wild Oats.......and this is the beginning story of how Boulder/Louisville became such an elite place to live today...... Carrie :-)

Carrie Degraw RE/MAX Realtor

August 6, 2009 posted info: See the full listing below on this super cute house in the newly voted best city in America to live by Money magazine>> Louisville Colorado. It is only $209,900, and perfect for a starter house, an older couple, or an investment property. It is a 1915 Sears Prefab home brought in on a flat car and with help of many of my neighbors, and set down on this 6,568 sft lot. I lived there for years, and it has had 3 additions since, summer kitchen, new living rm, pantry now bathroom, screened porch now laundry/pantry rm. washer/dryer, fridge, gas stove & newer dishw.included. 500 sft. 2 level red wood deck, 2 sheds, one lg w/power, sprinklers, fully fenced, off st pkg, alley access and most gorgeous 100 year old ash tree in town. Joy to be down town yet w/no parking hassles. 2nd owner/agent. This will be a block from the "Fast Tracks" Louisville station and the revitalization area that is planned to be a "walking village" ...surrounded by duplexes, RM zoning thanks :-) Call me at 303 548 8732

http://www.homesincolorado.com/listings/detail.php?lid=46644888&oid=011700002&aid=011700580&chome=1

Be aware that there is light at the end of the tunnel, we are battling back as a community, city, and state...lets all pull together and accelerate the recovery. See stats on the good news below.

Denver continues to lead the nation in annual returns

Denver recorded the best year-over-year return in the S&P/Case-Shiller Home Price Index during April 2009. Prices fell 4.9 percent from April 2008 to April 2009. According to the S&P/Case-Shiller report, “Denver, Dallas and Boston continue to fare the best in terms of annual declines down 4.9%, 5.0% and 7.7%, respectively” ( ).Denver’s monthly change shows even more improvement. Denver home values increased 1.5% from March 2009 to April 2009. April was Denver’s second consecutive month of positive changes in home values. David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s expresses some hope for the housing market, “Every metro area, except for Charlotte, recorded an improvement in monthly returns over March. While one month's data cannot determine if a turnaround has begun; it seems that some stabilization may be appearing in some of the regions.

Denver is America’s best city to buy a home in.

Forbes magazine named Denver the best city to buy a home. According to Forbes, “Denver scores very well in terms of being able to bring people into a stable housing market” ( ). Denver earned its ranking with a 5.7 percent increase in average price per square foot of housing space and the small decline of transactions compared to other cities throughout the nation. The Denver Business Journal also reported, “Denver was named America’s No. 1 city on the verge of recovery in a segment on NBC’s ‘Today’ show. Real estate expert Barbara Corcoran, a regular guest on the show, said Denver more than any other U.S. city is ‘clearly on a rebound’” ( ). Data for May 2009, from the Denver Metrolist, supports Barbara’s view.