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.
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