A recent report done by Trulia has declared nearly 30 cities around the country to be past the real estate downturn and are now “in the clear”. The #1 ranked city that is our own Denver, Colorado which saw a 7.2% increase in asking prices and has had a decrease in foreclosure rates.
Colorado Springs also made the list coming in at 6th place with a nice 4.3% increase in asking prices.
I’ve seen myself that new home construction is also coming back. One example is Copperleaf, which is in eastern Aurora near E470. Some tracts of land that have been sitting undeveloped for a couple of years now has activity putting in sewer lines and other basic infrastructure as well as having actual new homes being started.
All these signs point to a housing market that is slowly strengthening. If you’re looking to buy your first home, or a new home, the time is certainly now to start looking.
Author:Jason Peck Phone: 720-446-6301 Dated: August 28th 2012 Views: 633 About Jason: ...
Recognized as a top selling team in Denver Metro area. Nationally recognized for homes sold by the Wall Street Journal, Real Trends and Top 5 agent by RIS Media. Our goal is simple and that is to exceed our client's expectations by providing professional service, expert advice and exceptional results.
HOME FOR SALE 3745 S WALDEN WAY AURORA CO 80013 - JORDAN WHITE 720-588
"We worked with the team of Jason Peck, Matthew Koller and associates in the sale of our home in Denver and the purchase of the new property in Thornton. Their advise to us on improvements and presentation aided us in an increased value of our home making it possible to purchase a much better home than we expected. The entire team are professional and easy to work with, understanding our needs for the best possible results. We were fortunate to find the best Realtors and we recommend them to anyone selling or buying a home."