Your Denver Real Estate Specialist

Yes!  It is the time to by.  History shows us that money and fortunes are made when things are bad and times are tough.  Values and interest rates are low, so desite all the doom and gloom,  things will change and the person who takes action now will benefit immensely.  Read the article attached. Check out the article for yourself: http://finance.fortune.cnn.com/2011/03/28/real-estate-its-time-to-buy-again/

Denver-area luxury home sales rise – The greater Denver luxury home market continues to rebound as March sales figures increased over the previous month and over the same month last year.  Thirty-six single-family homes, valued at $1 million or more, sold in March.  Three of those sales were condos.  Sales were up 22% from February and 14% from March 2010.  Read article: http://www.bizjournals.com/denver/news/2011/04/12/denver-area-luxury-home-sales-rise.html    

Steep drop for Colorado urban foreclosures – There’s good news on the foreclosure front for Colorado’s cities: Both foreclosure filings and sales were down sharply in February.  The latest monthly report from the state Division of Housing, released Wednesday, covers Colorado’s 12 largest counties.  It says that new foreclosure filings last month were down 34.7% from the same month of 2010, reaching a 30-month low, and were down 26.4% from January 2011.  Read article: http://www.bizjournals.com/denver/news/2011/03/16/steep-drop-for-colorado-urban.html 

Health of real estate in Colorado goes from basement up – Commercial real estate markets in Colorado and elsewhere are healing faster than residential markets.  Home prices stabilized in many parts of the state and actually rose in Pueblo, Greeley, Denver and Boulder.  The homebuying market remains split between the high and low ends.  There are about three buyers for every home listed under $210,000.  But there are three homes for every buyer in the $500,000-plus range.  Read article: http://www.denverpost.com/business/ci_17534931  

In today’s world, you need businesses that you and I can trust.  Check out my Business Directory on my website at www.terryrocksrealestate.com and see a list of businesses that I use. You can call me at 303-930-5137 and ask me for recommendations directly too.