Northern Colorado Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.

Evergreen Economic Snapshot - April '11

Spring is a magical time of year. It is an awakening. Trees, plants and bushes begin to blossom; the sound of festive birds fills the warming air; neighbors who have been cocooned in their homes and cars for the past few months roam around their yards.

It is also the time of year when buyer and seller thoughts of real estate surface. It is a time of change. Real estate for sale signs pop-up in greening yards. Phones at real estate offices ring more frequently. Mortgage lenders, title companies, appraisers and home inspectors gear-up for what will hopefully be a busy spring and summer.

Jefferson County Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.

Broomfield/Westminster Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.

South Metro Denver Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.

Metro Denver Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.

Aurora Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.

Douglas County Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.

Boulder Valley Economic Snapshot - April '11

Real estate markets are normally evaluated based on three factors: past history, current conditions and future thinking. Past history is used by appraisers and Realtors to establish a sense of value. How much have properties sold for in a specific geographic area to establish value for a single entity i.e. a single-family home, attached unit, investment property, parcel of land, commercial building, etc. Current conditions provide insights into where the real estate market might be heading. Are there more properties for sale than there are buyers? i.e. a buyer’s market. Is the inventory of available properties less than the number of prospective buyers? i.e. a seller’s market. Are there a relatively equal number of buyers and sellers in the marketplace? i.e. a balanced market. Finally, what does the future look like for the local, regional and national real estate markets? Economists attempt to reach-out into the still unknown and spin their opinions based on two factors: past history and current conditions. This is what happened. This is what is happening. Therefore, this is what will happen. There are many people with “crystal balls” out there.