It €™s not all doom and gloom! Denver Real Estate continues to outdo most cities with strong sales statistics!
According to the Standard & Poor €™s / Case-Shiller 20 city-housing index*, Denver was one of the best cities as far as price decline, year over year. Thus, while many property owners in other parts of the country saw double digit percent declines in their home values, Denver €™s decline was minimal. Currently, many investors are looking to Denver to pick up properties as they see that our city will be one of the first to recover and provide good returns on real estate.
Other reports also show that Denver €™s real estate market is not in jeopardy. The PMI Mortgage Insurance Company states €œHome prices in the Denver €“ Aurora metropolitan area have less than a 1 percent chance of declining in value during the next two years. €
So, our advice is to take action before prices start to climb. Contact us with any questions you may have!
*This report surveyed Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco, Washington DC, Atlanta, Charlotte, Cleveland, Dallas, Detroit, Minneapolis, Phoenix, Portland, Seattle, and Tampa.
To speak directly with a Denver loft & condo specialist, please call: 303.991.9878 or 800.392.1950 or you can
Your provider of premier Denver condos and Denver lofts for sale. Contact our agents at New Era Realty for more information about these or other Downtown Denver condos for sale.
Blog Provided By
Denver's Loft and Condo Experts Brian Lehnerz, John Stegner & Chris Behrens
Broker/Owners New Era Realty
303.991.9878 or
800.392.1950 agents@mynewera.com
Preferred lender
Eric Kulbe
Senior Production
720-746-4062
eric@themiddletonteam.com
www.EricKulbe.com
Guild Mortgage Company NMLS ID - 3274
Eric Kulbe NMLS ID - 283875
Colorado License number - LMB100018632