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Highlands Ranch market thoughts - 07/11/09 12:52 PM
In doing client research of the Lone Tree/Highlands Ranch area (DHL), I am seeing some interesting trends in comparison to last year. Based on the MLS stats compiled by Land Title, it is interesting to see just how much the sales in this area have dropped compared to last year. In May and June, sales are off more than 25% when compared to the same month last year. At the same time, active listings are up 10%. When compared to last year, the most significant change can be seen in the Absorption Rate (Active Listings/monthly closed sales). In June of '08
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New Construction in Green Valley Ranch - 07/06/09 11:31 AM
About two months ago, 10 "sold" signs popped up. Last week the site prep started, now this - two homes are nearly framed, four more foundations are poured, and the site prep is being done on another two... Here in Green Valley Ranch, there are still a handful of listings. There seems to be an even split between retail owner listings and REO. There are also some empty but not yet listed homes. All-in-all, the supply seems to be down significantly from the previous two years. With all of the doom and gloom in the press, I think that this is
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Ron Anderson
Denver,
CO
More about me
Your Castle Real Estate
Office Phone: (303) 962-4272 x 391
Cell Phone: (720) 222-2454
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