Denver Real Estate Market – Positive Indicators
Here is some more positive Denver Real Estate Market News (and Front Range in general). Denver is leading the Housing Market resurgence.
Homebuyer Tax Credit Extended, Expanded: The House of Representatives passed legislation November 5th that would extend and expand the tax credit for first-time home buyers. read more here
Denver Home Resales Rebound in October: Metro Denver home resales increased in October from September, but were down from October of last year, according to a Metrolist Inc. housing report released Friday. read more here
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Existing-Home Sales Jump 13% in West, 9.4% Nationwide: First-time homebuyers helped drive up existing home sales nationwide — and especially in the western states, including Colorado — according to the latest figures from the National Association of Realtors. In the West, including Colorado, existing-home sales jumped 13 percent to an annual level of 1.3 million in September — 5.7 percent higher than a year ago. read more here
Colorado Springs Makes Business Weeks ’40 Strongest’ List: Once again, Colorado Springs is in the spotlight for being a great place to live–but this time it’s not for the mountains, the view or the many places to hike, mountain bike or road bike. The Springs is on BusinessWeek’s 40 Strongest U.S. Metro Economies list. The Pikes Peak region ranked 24th on the list, which was compiled using data and analysis from Brookings Institution’s new MetroMonitor study. read more here
SMA Solar Plant to Bring Hundreds of Jobs to Denver: SMA Solar Technology AG, the world’s largest manufacturer of a critical component in solar power generation, said Monday it will invest about $20 million in its first North American manufacturing plant — in Denver — expected to open in the first half of 2010. read more here
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Vail Resorts’ Sales of Season Passes Increase 13 Percent: Vail Resorts Inc.’s season-pass sales rose 13 percent in September as skiers eager for powder prepared to make tracks a year after the financial crisis. read more here
Courtesy of Land Title, Cherry Creek.
