“If you look at the worst foreclosure markets in Adams, Denver and in Arapahoe counties, those markets have healed,” Mike [...]
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Denver joins four other cities that showed an improvement in home prices in the 12-month period ending in [...] “Housing demand is a function of employment,” Mike [...] “While many of the markets remain down versus this time last year, the relative rate ofecline has shown some real improvement,” David M. [...] Denver-area home prices fell 2.9 percent in the year ending in July, compared with an overall 13.3 percent drop for 20 metropolitan statistical areas tracked in the closely followed S&P/Case-Shiller Home Price Indices. Denver ranked third of the 20 cities. Only Cleveland, with a 1.3 percent drop and Dallas, where home prices fell by 1.6 [...] The Denver metro area’s housing market ranked third in the nation, with homes losing 3.6 percent of their value in the year ending in June, according to the S&P/Case-Shiller Home Price Indices released today. The Case-Shiller report, perhaps the most most closely followed and most influential real estate index, showed that once again, Denver did far [...] Denver-area home, overall, lost 4.6 percent of their value in the 12-month period ending in May, but that was still good enough for No. 2 on the closely watched S&P/Case -Shiller Price Indices released today. “This is good,” said independent broker Gary Bauer. “This is very positive news. Once again, it shows the resiliency of the [...] |
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