“Their article is not only misleading, it’s flat wrong,” Jack [...]
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“Their article is not only misleading, it’s flat wrong,” Jack [...] The unprecedented downturn in residential construction is a “necessary evil,” Patty [...] Apartment construction in the Denver area has come to a “screeching halt,” says Jeff [...] “As of the October 2009 report, Denver’s rate of decline is close to flat, at -0.1%,and Dallas is not far behind, down only 0.6% on an annual basis,” [...] “We are not out of the woods completely yet, but a lot of our indicators in the residential market seem to suggest that we are seeing a firming up activity, and, hopefully soon we will see a much better and more positive range of prices and some modest appreciation.” Patty [...] Colorado’s foreclosure black eye is [...] The S&P/Case-Shiller Home Price Indices released today, which shows the Denver was No. 3 of the 20 metropolitan statistical areas, is another sign that the local housing market is improving faster than most of the nation, experts said. I initially blogged on the report earlier this morning. “I think, certainly, that the feeling has been all [...] The Metro Denver Economic Development Corp. today released its September economic outlook report. “Consumers are largely anticipating better conditions, but that optimism has yet to change their willingness to spend,” according to Patty Silverstein, chief economist for the Metro Denver EDC and president of Development Research Partners. “This will hold recovery back as consumer spending drives [...] Tom Clark, executive vice president of the Metro Denver Economic Development Corp., borrowed the accounting phrase Last In, First Out, or LIFO, to describe where Colorado stands as far as emerging from the downturn in the economy. “Because of Colorado’s diverse economy, we expect we’ll be ‘last in, first out’ of the recession,” said Clark, in [...] “It almost seems like they are looking at the wrong [...] |
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