As we head into spring, wetypically see a bump in sales and activity in the Denver Real Estate Market. This year, this is even more true than in years past. As Realtors, we can keep a close track of the market by how often our phones ring, how many emails we get a day and how many showings our listings are getting. We try to relate that to our clients, our sellers, our buyers and anyone that asks. But oftentimes, we also need to provide hard evidence.
Two recent reports have come out recently to help support this little Real Estate boom we are seeing. The first has to do with foreclosures. According to the state Division of Housing,new foreclosure filings last month were down 34.7 percent from the same month of 2010, reaching a 30-month low, and were down 26.4 percent from January 2011. And final foreclosure sales at auction in February declined 19.6 percent from the previous February and also were down 10.7 percent from January 2011. Click here for the full report.
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