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View Poll Results: Do you expect your neighborhood to see significant property value appreciation over the next year or
Yes, and ahead of inflation. 8 14.81%
Yes, but not much, especially considering inflation. 15 27.78%
No, but little loss relative to today's values. 22 40.74%
No, and significant loss relative to today's values. 9 16.67%
Voters: 54. You may not vote on this poll

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Old 11-13-2007, 02:47 PM
 
1,267 posts, read 3,289,472 times
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Quote:
Originally Posted by kristenfromdenver View Post
I think what happens is people are priced out of places like LA, San Francsico, Boston, New York and they look around Denver and move here due to it being a great place and more affordable. So, as the coasts fall, we rise.
it will be interesting to see this. i agree that there should be some influx from places like LA. there already has been for quite a while. though, looking at real estate value trends around denver for the past several months, it's been a pretty steady decline for many areas, at least considering that inflation's quoted as around 3% (though .8% by the fed), and thought by some to be more like 7-10% lately.
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Old 11-13-2007, 04:44 PM
 
1,267 posts, read 3,289,472 times
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here is what trulia.com gathers:

Denver, CO real estate guide - Trulia.com

you can look by neighborhood, too. i'm not sure how much data they have, so whether the trends are very accurate.
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Old 11-14-2007, 09:51 AM
 
12 posts, read 28,717 times
Reputation: 10
Default National Assn of Realtors

I have an excellent PowerPoint presentation from NAR that shows Denver to be on the verge of being a very hot market in the next few months. It uses data about rentals, employment, jobs, income, and debt. Let me know if you would like it.
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Old 11-15-2007, 08:20 AM
 
1,267 posts, read 3,289,472 times
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Quote:
Originally Posted by Chewey1 View Post
I have an excellent PowerPoint presentation from NAR that shows Denver to be on the verge of being a very hot market in the next few months. It uses data about rentals, employment, jobs, income, and debt. Let me know if you would like it.
yes, if you can put that up here, that would be great. as far as rentals, income, and debt go, rent is very low relative to mortgages as far as i see (maybe not as out of whack as some other places, but pretty out of whack - not to mention the flippers, out of area investors, and wealth of inventory due in part to continued aggrssive building), debt seems like an issue considering the preponderence of foreclosures e.g. (and it seems that the metro area has been a foreclosure factory and especially consumerist for a while now), and i know salaries can be relatively low (relative to CA, NY, DC, etc. for example). i am not sure whether there is a lot of hiring in the pipeline, but i know that the job market can be VERY competitive (seeing as plenty of people from outside the area throw their credentials or themselves this way to ski and see).

at the same time, it doesn't seem like denver's got the issues of FL or southern CA, e.g., in terms of deflation of values (and what's going into that in those places), and it does seem like it's still growing... it'll be interesting to see.
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Old 11-15-2007, 08:46 AM
 
26,214 posts, read 49,052,722 times
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Quote:
Originally Posted by hello-world View Post
....yes, if you can put that up here....
City-Data does not support .ppt attachments. Perhaps a realtor can post a link to the presentation he spoke of.
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Old 11-15-2007, 02:28 PM
 
Location: Las Flores, Orange County, CA
26,329 posts, read 93,771,454 times
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Quote:
Originally Posted by Mike from back east View Post
City-Data does not support .ppt attachments. Perhaps a realtor can post a link to the presentation he spoke of.
He can zip it and post it.
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Old 11-15-2007, 02:29 PM
 
Location: Las Flores, Orange County, CA
26,329 posts, read 93,771,454 times
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Quote:
Originally Posted by pittnurse70 View Post
Nurses seem to make a lot more in CA than CO. I have seen people quote salries of $40/hr which is about $10 - $15/hr more than here. In other words, $20,000 -$30,000 more.yr. There's a lot you can do with that much money.

Except buy a house...
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Old 11-15-2007, 04:29 PM
 
Location: Foot of the Rockies
90,297 posts, read 120,779,853 times
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Well, if you make $20 - $30 K more, you can qualify for more house. Though I realize the housing situation in CA is difficult for many. But if you have a partner or spouse with an income as well, the extra $ help.
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Old 11-16-2007, 08:53 AM
 
1,267 posts, read 3,289,472 times
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Quote:
Originally Posted by Charles View Post
He can zip it and post it.
or save as html, or link to it online, ...
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Old 12-30-2007, 09:18 AM
 
1,267 posts, read 3,289,472 times
Reputation: 200
don't know if this is good news or bad news for the denver metro (the "west" was the only region to show any gain, but i don't know how they're defining "west", or whether that just means the "west" is lagging the rest). from what i see, it does look like denver prices are declining (something like -5% for all homes, -15% for condos over the year).

http://biz.yahoo.com/ap/071229/economy.html (broken link)
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