Friday, August 7, 2009

Denver's Housing Market

It was announced in Reuters August 6th, that Denver had the smallest percentage of decrease in pricing for sellers for the month of July! Denver and Raleigh-Durham had the least amount of slashing in the country, and ended up being no more than 5%! That is pretty good, considering what the past year (2008) looked like if sellers HAD to move!

Las Vegas seems to still be the place to purchase, as they slashed approximately 23% off original list price! That still sounds like a buyer's market out there in the heat!

All indicators are still saying Denver is the Place To Be! Our economic indicators, weather and outdoor activities are absolutely fabulous!

Joan Cox
Metro Brokers - Turning Point RE
720-231-6373
www.JoanCox.com
Joan@JoanCox.com