The Market is Showing Signs Of Improvement!

Finally, we are starting to read some positive news articles about the Denver area real-estate market.

As reported in the Rocky Mountain News (9/30): Denver home prices buck national trend: Denver area home values bucked a national trend, according to the closely watched Standard & Poor's/Case-Shiller Home Price Indices released today (9/30). In the 12-month period ending in July, Denver area home prices dropped by 4.7%, compared with an overall 16.3% drop for all of the 20 metropolitan areas in the study.

As Reported in the Denver Post: Denver's stronger real-estate market good news for buyers: Colorado's largest mortgage lender is making it easier for homebuyers to borrow money. Wells Fargo Home Mortgage on 9/13, upgraded the status of the Denver metropolitan area's real-estate market from "distressed" to "stable".

MLS Statistics: Housing inventory down: Listing inventory drops 18.733% in one year! This September shows an active listing inventory of 25,543 units for residential and condominium homes on the market. This is the lowest September inventory since 2004!