I happened to catch this segment of the Today Show...and thought it quite interesting...Denver was named America's No. 1 city on the verge of recovery from the real-estate slump in a segment Tuesday on NBC's "Today" show.
If you have not seen this video clip...it is well worth watching!
http://www.msnbc.msn.com/id/21134540/vp/30825142#30825142
Here is a recap too (from the Denver Business Journal):
Real estate expert Barbara Corcoran, a regular guest on the show, said Denver more than any other U.S. city is "clearly on a rebound."
"It's really the perfect real estate success story," she said. "It had one of the highest foreclosure rates in the nation for years running, and now they've cut that foreclosure rate in half and they've turned the corner."
Denver, Corcoran said, has "a vibrant downtown, it has a high employment base, it has educated people, it has youth, [and] it has one of the biggest park systems in the country. "Everything about Denver is pointing up, up up," she added.
Rounding out Corcoran's list of cities poised for a real-estate rebound:
§ 2. Raleigh, N.C.
§ 3. Austin, Texas
§ 4. Seattle
§ 5. San Francisco
Corcoran said she included cities on her list on the basis of eight factors:
§ Job growth potential;
§ A growing population;
§ Good weather;
§ Lots of first-time buyers;
§ No overbuilding;
§ A vital downtown;
§ A well educated population; and
§ Foreclosures earlier than other cities.
Thought I'd share a bit of the GOOD news too!
Think of Buying or Selling? Just give me a call, happy to assist you.
Make Life Happen!
Leigh
Leigh Bramer
Broker Associate
720-291-1111
Leigh@BramerRealEstate.com
(SEARCH COLORADAO HOMES AT ) www.BramerRealEstate.Com
Thursday, May 21, 2009
Saturday, May 2, 2009
First Time Home Buyers-Affordability Index
Check out this GREAT info from the National Association of Realtors regarding "The Affordability Index." Click below to view this video provided by Lori Richardson from Cherry Creek Mortgage. ….find out more…it has been very encouraging to many of my clients…and I thought it may be to you as well.
There is a lot of ‘media speak’ about the housing industry out there – and while their intention is good, sometimes their data is inaccurate at best. This is very straight forward and very important information to understand.
Click Here For The Affordability Index
Leigh Bramer
Coldwell Banker
Broker Associate
SEARCH HOMES
Go to www.BramerRealEstate.com to search for all homes for sale in the
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