Denver Homes showing promise?

May 9, 2006

Denver was identified as one of three metropolitan areas that appear to be on their way up according to an article in the Real Estate Journal:

Across the U.S., there are signs of a cooling housing market. Yet, in pockets throughout the country, there is a contrasting trend -- areas sidestepped by the real-estate boom are experiencing increased buyer demand, says David Lereah, chief economist of the National Association of Realtors in a recent commentary. Driving buyers to these comparatively lower-priced areas is affordability, he says. Here's a look at homes in three metropolitan markets that appear to be on the way up: Salt Lake City, Denver, and Albuquerque, N.M.

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