Jude's Real Estate Rumblings

Denver again led metro area in home resales in 2009, but sales declined - Denver County continued to have more sales than other metro-area counties of existing single-family homes in 2009.  The county had 7,482 closed sales of such homes last year, down from 9,399 the prior year.  The largest number of homes sold in Denver County — 2,581 — were in the $100,000-$200,000 price range, followed by 1,580 home sold in the $200,000-$300,000 “move-up” range.  “First-time homebuyer closings, via tax-credit assistance, took over the market for the majority of the year,” said Metrolist analyst Gary Bauer in his report.  “First-time homebuyer transactions are estimated to be 40-plus percent of all [home sale] closings.”  See the full article for data for all metro counties.
http://www.bizjournals.com/denver/stories/2010/01/25/daily27.html?s=industry&i=resi_real_estate

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