“It’s Denver,” Gary [...]
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 John Rebchook is a former Rocky Mountain News reporter with more than 30 years of experience in writing and communications... (Read More) |
The Denver-area home market in January, while it did not book shoot-the-lights-out activity, appears to have set the stage for a much stronger spring season, as consumers are expected to take advantage of tax credit that are expiring, and lock in low mortgage rates, widely expected to shoot up in the coming months. As I reported in my earlier blog, home sales in August dipped slightly from July, but were down 6.1 percent from August 2008. My research shows that the 5,248 homes placed under August marks the worst August since 2004, when there were 3,120 homes placed under contract. The best August was in 2005, when 6,113 homes [...] There were 5,248 percent homes placed under contract in August in the Denver area, a 6.1 percent drop from the 5,590 homes placed under contract in August 2008, according to a report released today. The report by independent broker Gary Bauer, who used Metrolist data, showed that the number of homes placed under contract in August [...] Title companies were busy last month. July was the best month for Denver-area home closings so far in 2009, according to a report released today, although most of the numbers were anemic by historical standards. There were 4,440 home c losings last month, a 6.1 percent increase form the 4,185 in June, although a 13.3 percent drop [...] |
   Acknowledgements Some Photos on this site, courtesy of and © Steve Groer Photography, Denver's Premier Coroporate & Event Photographer. Please contact Steve via his website or by phone at (303) 696-6260 or (303) 941-5764.  |
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