Okay....it is in the news now. Home prices increased in Colorado over the past couple months. It seems that, despite the high numbers of homes in foreclosure, the average price of homes sold and closed has increased. This upward trend will likely continue, many believe, as homes in Colorado had not seen the double digit appreciation as other markets in the U.S. over the past decade. Rather, Colorado had seen an even, steady growth.
Additionally, Colorado and the Denver area especially have been in the news with "ski" conventions being held here in 2010 (taken out of Las Vegas...to a place where what happens here doesn't have to stay here!), and with the hosting of the Democratic National Convention. The market is abuzz with the forcasted need for housing over a four month period in the area next year. I talked with the owner of a high-rise condominium unit in downtown Denver...who told me he had his place leased out for four months at $15,000 a week! $60,000 a MONTH.....for FOUR months. Maybe it's time for YOU to invest!?
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