You deserve to see REAL numbers about our local Denver CO Housing market…and here is a graph created from numbers just published for Q1 2010. You can see that home prices started dipping in Q1 2004 and got worse and worse. Well, for you folks that keep asking “are we at the bottom”, I believe we have an answer. YES…and it appears prices are starting to improve. Don’t believe me – look at the data below.
Now, what about the actual number of homes that are SELLING. That is also important. Well, the graph below shows us that the # of homes sold started declining in Q1 2004 as well. Looking at the data from Q1 2010, the # of sales is now increasing as well.
I won’t beat this to death or bore you with my two cents 😉 since I just sent a market update in July, but I wanted to show you a VISUAL of exactly what our Denver Real Estate Market is doing in 2010. It really is showing signs of improvement so hang in there! If you have questions about your specific situation just give me a shout. My phone # and email are at the top right of this webpage. Mike