The Denver CO real estate market is looking good for 2009. From the saddle, real estate in Denver looks even better. We obligingly take their word for it when geniuses crunch the numbers and let us know what they think is happening. However, from our Denver horse properties and atop our Palomino out on the trail, the numbers fade into the breezes.
So to give our readers any heady information, we will share some news from the May 19, 2009 Denver Business Journal. The article is entitled, “Denver tops on Today show list of cities poised for real-estate rebound.” My horse is only concerned enough to wonder if more Colorado horse lovers are moving to our equestrian-friendly town.
Author Mark Harden noticed a clip on NBC’s Today Show. Real estate expert Barbara Corcoran, after measuring several factors, announced that Denver, more than any other U.S. city, is on the rebound. She checked for job-growth potential, a growing population, good weather, abundant first-time buyers, no overbuilding, a vital downtown, a well-educated population, and foreclosures before other cities.
How specifically does Denver measure up? We have all of the above in addition to boasting one of the largest park systems in the nation. Interestingly, the Mile High City was one of the first cities to experience a high number of foreclosures and so it is one of the first to resolve that problem.
Metro Brokers’ Real Estate Advisor similarly applauded Denver. Among large cities, the Denver metro area ranked third with -14.2 percent of market decline since its real estate peak in August 2006. Overall, the metropolitan real estate markets peaked between September 2005 and August 2007.
Now, math is useful, stats are fine, but we tend to observe another key factor: horse sense. Horse sense says, Wow! What a gorgeous setting we live in along the Front Range of the Colorado Rockies. Our citizens appreciate where they live. They work hard and play hard. Our communities are beautiful. People take pride in volunteering and getting involved in education, culture, the arts, sports, and recreation. We are an hour from the ski slopes and boast an international airport. The magical weather brings us sunshine, flowers, changing leaves, and plenty of snow.
For more information about real estate in the greater metro area, including farms and horse properties, call Michael Paul of Realty Oasis at (303) 268-6052.
