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Relatively Good News for Denver
Today Real Estate writer John Rebchook of Inside Real Estate News published an article about the Denver real estate market and the S&P/Case-Shiller Home Price Index.
While across the board, the metrics did not show well for real estate across the country - but there was a glimmer in the Denver market not to miss. 
Of the twenty cities followed by the Case-Shiller report, Denver ranked #1 of seasonally adjusted changes from September to October of 2010.  The other cities overall had a one percent drop except for Washington DC which was ranked second and positive month to month sales. 
While statistics can look bleak, I am confident with the market with the continued stabilization post tax credits. 
Last week I got to sit down and talk with John and was mentioned in the article with my insights to the 2010 market and predictions as we move into the new year.  As I explained to John:
We're seeing how the market is performing with what I call the tax-credit "training wheels" off. One by one, the tax incentives to buy a home are going to be going away, with the big one being the tax credits. It is encouraging to see ... more

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