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Price declines don't affect all homes the same way. When we compare the average sales price of a Denver home from January to May 2009 and compare that to the same period in 2008, we find that the average Denver home price dropped about 8%. (It has since improved to a 6% year-to-date decline). Are all homes impacted in the same way? No, it depends a lot on the size and location of the home.The smaller 10% of the homes that sold (those under 910 square feet) experienced only a 2% drop. The larger 10% (those over 2875 square feet) experienced … (1 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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