According to a report on June 24th from the S&P/Case Shiller Home Price Indices, home prices in Metro Denver rose in April from March. April’s 0.8% monthly gain was the first month-over month gain in Denver since August.
Could we be on the turnaround? Denver was one of the 1st housing markets impacted by the decline of the real estate market due to the collapse of the subprime lending industry. So we can only hope that we will be one of the 1st to pull out. The Denver real estate market has all of the ingredients to turn around in 2008. Families, singles and companies continue to relocate to Colorado. Why wouldn’t you want to move to Colorado with at least 300 days of sunshine per year and don’t forget all of the fun and exciting activities there are to do here.
Here in Grand County it continues to be a Buyer’s market so this is the perfect opportunity to find your mountain getaway or dream home. Winter Park is still one of the only affordable mountain towns in Colorado and with gas prices on the rise we are the closest ski resort to the Denver area. There is also a lot of excitement with the development of the new base village at Winter Park. Grand County is growing up and we are excited about all the new changes!
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