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: 723 About Jason: ...
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"We worked with Karen Venier for a relatively short time for a good reason: our home sold at full price within hours of hitting the market! While it’s true that the Denver housing market is “hot,” credit for the speed and ease of our transaction belongs to Karen. She was great to work with, giving us perfect advice about readying our home for sale and then expertly guiding us from offer to close. Along the way, we came to appreciate Karen for her skillful blend of professionalism and personal touches – like dropping off our favorite beverages during a particularly stressful time in our move or shoveling our driveway in subzero temps after we’d left the state (way beyond the call of duty!). Now that we’ve relocated to Wisconsin, we keep saying that we wish Karen could be our buyer’s agent here. Since that’s not possible, we’ll shout her name loudly to whoever might be looking for a home in the Denver area.
Thanks for the great work, Karen!