“A year ago, it seemed every other conversation people in the industry were having was regarding the “shadow market,” Peter [...]
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“It seems to me if they are holding on to homes, they are tripping over dollars to get pennies,” Zachary [...] “The truth is, right now, I think there are a lot of Realtors and a lot of buyers, who wouldn’t mind seeing a bit of a shadow market to give people more choice in buying a home,” Lane [...] “My initial reaction is if the 38 months is correct, that seems like a very long to clear the market. That is the bad news,” Patty [...] “Consumers do not have home purchases anywhere on their radar screens,” Gary Bauer. [...] The overall statewide apartment rental market showed strength in the first quarter, with the vacancy rate for areas outside of Denver falling to 6.6 percent in the first quarter from 8.5 percent a year earlier, a 22 percent change. (For an earlier report, please visit Colorado rental vacancies fall ) But Colorado’s mountain communities, hammered by [...] Denver-area home prices soared by 14%, shows NAR data obtained by [...] “I don’t think they want to put all of this stuff on the market at once and just saturate it. I think they are just sitting on it.” Bobby [...] If everything reverts to the mean, a Denver-area housing recovery could be in the cards in the not-too-distant [...] “It’s just not possible for the housing market to recover fully until the inventory of foreclosed properties is significantly reduced…” Dave [...] |
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