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Denver market real estate data - August 2009 - Current Absorbtion rate

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Real Estate Agent with Your complete source for buying HUD homes

Did I scoop the Denver Post, Westword, and the Rocky Mountain News with the most current data on the real estate market.  I don't know if I did.  I'm pretty sure I beat the news (lol)  I'm to busy recreating the data.  The single family home (hint this is where you want to live) market has 15,302 active listings.  This is a 3.34 drop from the prior month, The decrease year over year was 19.67%.  The solds were a total of 3,066 this is a decreae of 12 percent from the prior month. The year over year is 14.8%.

Avg sold price 273,972

The current absorbtion rate is 4.99 months.

What does this mean.

It means this news hit my blog before the Denverpost.com

 

YES!  Time to twitter it.  I had my alarm set after two hours sleep.  Sorry for the lousy formating.

 

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Colorado Real Estate license FA100027713

Colorado Mortgage Broker license LMB100026528

Mike Henderson specializes in the following areas in real estate in the Denver, Colorado metro area; investors, first time homebuyers, luxury property, short sales, and light rail properties.  Of course I can also provide financing or refinacing across the state of Colorado.

 

Mike Henderson
Your complete source for buying HUD homes - Littleton, CO
HUD Home Hub - 303-949-5848

Damn twitter is down.  I'll never get credit.  Oh well.  Next time the plan will be better executed.

Sep 08, 2009 08:17 PM
Kathryn Acciari
Central One Federal Credit Union - Shrewsbury, MA
Mortgage Loan Originator

Mike, this is a great idea - posting before the news can! 

Oct 26, 2009 12:27 PM
Mike Henderson
Your complete source for buying HUD homes - Littleton, CO
HUD Home Hub - 303-949-5848

Thanks a ton for the feedback.  If you find out when the mls releases the data you can beat them to the punch.

 

Oct 26, 2009 06:54 PM