Denver Real Estate Market – Recovery Is Eminent For 2007
Posted by Damon L. Chavez on Friday, September 28th, 2007 at 4:49pm.
A report produced by Standard & Poor and Yale University economist Robert Schiller states the Denver Real Estate market is showing early signs of recovery. This is based on results from the study that illustrates how the Denver Real Estate market has seen a 1.3 percent appreciation in home values between May and June 2007 and 0.8 percent between June and July. According to the study, the Denver Real Estate home appreciations peaked in February of 2001 after a 15% year-over-year appreciation for the past decade. Whereas, several other markets around the country continued to see significant increases in home value appreciations. Since Denver’s rate of home value appreciation stabilized before several other markets around the country, S&P Vice…
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