Real estate blog entries tagged with buy by Kristal Kraft ~Denver Real Estate~720-279-4599 (The Berkshire Group Realtors)

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Home : Blogs : Kristal Kraft ~Denver Real Estate~720-279-4599 : Denver Real Estate & Relocation : Tag "buy"

buy: The Investors are coming, The Investors are coming... - 11/13/06 06:15 PM

Years ago in a different market, I lamented to an REO manager, "When is the market going to turn around? Will we ever get rid of these foreclosures?"
At the time, his encouraging words fell on very desperate ears. He said to me, "Prices will continue to drop to a point, when it will become so attractive, the investors will come. When they come, they will buy. When others seeing them buy, more will buy. Next thing you know you will work yourself out of selling REO's."
He was right.
In Denver our prices haven't dropped very much, if at all. We have a record … (25 comments)

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Kristal Kraft ~Denver Real Estate~720-279-4599

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