Evergreen Economic Snapshot - March '11

Real estate markets are creatures of habit. They have a tendency to hibernate during the winter months and then slowly awaken when the first signs of spring appear. Hopefully, they are well-rested and in a positive frame of mind. For the past few years they have emerged grumpy and indifferent to the plight of home sellers.

The Federal government attempted to ease their pain by offering the buyer tax credit incentive program early last year. That resulted in area sales activity increasing noticeably during the first six months of the year, but then retreating for the balance of the year after the program expired in late June. The end result was that overall sales activity for 2010 for the Denver Metro area was down about 10% for attached units and down around 7% for single family homes when compared to 2009. As we enter the spring of 2011, no government incentive program exists. The real estate market must sustain itself.

South Metro Denver Economic Snapshot - March '11

Real estate markets are creatures of habit. They have a tendency to hibernate during the winter months and then slowly awaken when the first signs of spring appear. Hopefully, they are well-rested and in a positive frame of mind. For the past few years they have emerged grumpy and indifferent to the plight of home sellers.

The Federal government attempted to ease their pain by offering the buyer tax credit incentive program early last year. That resulted in area sales activity increasing noticeably during the first six months of the year, but then retreating for the balance of the year after the program expired in late June. The end result was that overall sales activity for 2010 for the Denver Metro area was down about 10% for attached units and down around 7% for single family homes when compared to 2009. As we enter the spring of 2011, no government incentive program exists. The real estate market must sustain itself.

Broomfield/Westminster Economic Snapshot - February '11

Real estate markets are often difficult to define. Homes may be selling well in one geographic area, but not another. Home values may be increasing in one price range, but declining in others. Inventory levels of available homes may be growing in one neighborhood, but diminishing in another. It can be tricky to get a true and accurate picture of what the overall market is doing at any one point in time.

Metro Denver Economic Snapshot - February '11

Real estate markets are often difficult to define. Homes may be selling well in one geographic area, but not another. Home values may be increasing in one price range, but declining in others. Inventory levels of available homes may be growing in one neighborhood, but diminishing in another. It can be tricky to get a true and accurate picture of what the overall market is doing at any one point in time.

Northern Colorado Economic Snapshot - February '11

Real estate markets are often difficult to define. Homes may be selling well in one geographic area, but not another. Home values may be increasing in one price range, but declining in others. Inventory levels of available homes may be growing in one neighborhood, but diminishing in another. It can be tricky to get a true and accurate picture of what the overall market is doing at any one point in time.

Douglas County Economic Snapshot - February '11

Real estate markets are often difficult to define. Homes may be selling well in one geographic area, but not another. Home values may be increasing in one price range, but declining in others. Inventory levels of available homes may be growing in one neighborhood, but diminishing in another. It can be tricky to get a true and accurate picture of what the overall market is doing at any one point in time.

Jefferson County Economic Snapshot - February '11

Real estate markets are often difficult to define. Homes may be selling well in one geographic area, but not another. Home values may be increasing in one price range, but declining in others. Inventory levels of available homes may be growing in one neighborhood, but diminishing in another. It can be tricky to get a true and accurate picture of what the overall market is doing at any one point in time.