As a mortgage lender in Englewood, Colorado, a suburb of Denver, I can't tell you how excited we are about the article recently published by the Denver Business Journal!! The heading says it all: Denver Home Prices Rise for Sixth Straight Month! Even though we are a mortgage lender in Englewood, that's close enough for us to stand up and yell "HOORAY"!

The report indicates our area home prices were still down 1.9% in comparison with August home prices a year ago,  However, I feel confident that  Denver (including Englewood!) is headed in the right direction with a one percent increase of July, 2.5% increase over June, 1.3% in May, and 1.5% in April. I know we still have a ways to go, but for now it's enough to have this happy mortgage lender dancing in the streets!

All markets being tracked show a decline in values from August of last year to August of this year. The one city that had less of a decline than Denver was Dallas with a 1.2%. Whether you're a realtor or a mortgage lender in Englewood... and surrounding Denver areas... I think it's okay to celebrate the small victories along the way to an eventual recovery.

Combine that good news with other good news from the perspective a mortgage lender such as the hope that HVCC might be eliminated, maximum loan amounts could possibly stay at the current higher levels, and the probability of the tax credit being extended and this mortgage lender is quite certain that 2010 will be a much stronger year in Englewood.

I'm trying hard as a mortgage lender not to be premature in my celebration, but on the other hand I don't want to let the opportunity for spreading the good news here in Englewood, Colorado, to go unnoticed!

For a glimpse at the report that has this mortgage lender in Englewood, Colorado jumping for joy, click here: DBJ.