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Old 06-22-2013, 02:27 PM
 
2,291 posts, read 2,274,683 times
Reputation: 2267

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Quote:
Originally Posted by davebarnes View Post

"Higher borrowing costs so far haven’t held back the housing market, which is surging after the worst downturn since the 1930s. Sales (ETSLTOTL) of previously owned U.S. homes climbed more than forecast in May to the highest level since November 2009 and the median price jumped 15.4 percent from a year earlier to the highest in almost five years, the National Association of Realtors said yesterday."
The rates were still low in May.
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Old 06-24-2013, 12:05 PM
Status: "Looking forward to President Harris" (set 18 days ago)
 
Location: Berkeley, Denver, CO USA
15,605 posts, read 23,468,781 times
Reputation: 26846
Default Prices up, new peak

Calculated Risk: LPS: House Price Index increased 1.5% in April, Up 8.1% year-over-year

The LPS HPI is off 18.2% from the peak in June 2006. Note: The press release has data for the 20 largest states, and 40 MSAs. LPS shows prices off 47.7% from the peak in Las Vegas, 39.6% off from the peak in Riverside-San Bernardino, CA (Inland Empire), and at a new peak in Austin, Dallas and Denver! (Also, on the state level, new peaks for the Colorado and Texas).

http://www.lpsvcs.com/LPSCorporateIn...ease_FINAL.pdf
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Old 06-28-2013, 07:21 AM
Status: "Looking forward to President Harris" (set 18 days ago)
 
Location: Berkeley, Denver, CO USA
15,605 posts, read 23,468,781 times
Reputation: 26846
Default Median Price hit new [nominal] high

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Old 06-28-2013, 07:52 AM
 
Location: XO
2,561 posts, read 5,270,034 times
Reputation: 2233
Quote:
Originally Posted by Mike from back east View Post
I can. It was 2007-2008-2009-2010-2011..... and it wasn't a pretty story.
Amen, some of us remember those days. Lost our shirt, profession and the clothes we were wearing over a three quarter real estate cycle.
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Old 06-28-2013, 07:55 AM
 
Location: XO
2,561 posts, read 5,270,034 times
Reputation: 2233
The mountain second home market is returning; another very postive sign.
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Old 07-02-2013, 12:14 AM
Status: "Looking forward to President Harris" (set 18 days ago)
 
Location: Berkeley, Denver, CO USA
15,605 posts, read 23,468,781 times
Reputation: 26846
Default Inventory is flat

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Old 07-03-2013, 08:06 AM
Status: "Looking forward to President Harris" (set 18 days ago)
 
Location: Berkeley, Denver, CO USA
15,605 posts, read 23,468,781 times
Reputation: 26846
Default We post, you decide

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Old 07-03-2013, 01:44 PM
 
Location: Just south of Denver since 1989
11,483 posts, read 31,058,279 times
Reputation: 8103
Some more inventory hit the market this last month. Days on market is still low.

Increase in Available Homes Relieves Denver Housing Market | REcolorado
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Old 07-08-2013, 12:51 PM
Status: "Looking forward to President Harris" (set 18 days ago)
 
Location: Berkeley, Denver, CO USA
15,605 posts, read 23,468,781 times
Reputation: 26846
Default We post, you decide

Bauer: Less than a 2-month supply of homes | Inside Real Estate News

"The report by independent broker Gary Bauer, shows at the end of June there was only a 1.7 month inventory of homes on the market.

The Denver-area home market had the fewest unsold on the markets since records have been tracked by Metrolist last March."


there is more
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Old 07-08-2013, 01:42 PM
 
5,601 posts, read 9,889,322 times
Reputation: 4949
These months of inventory numbers seem pointless in anything other than stable markets.
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