Although the national housing reports haven't been as favorable it's important to put the information into perspective and evaluate our local market. Colorado specifically has weathered the storm and headed toward a strong rebound in 2010 as one of the market leaders to follow.
The Prospectors Run community has not been effected for several reasons including our low price point of $200s, the extremely low property taxes that average only $650 a year, and the community's highly desired central location between downtown Denver and ski resorts.
Below are a few articles of interest regarding the latest housing activity.
Record-low mortgage rates boon for housing.
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New-home sales up again.
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Freddie Mac: Mortgage rates hit yearly low.
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Fed expects economy to keep improving.
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Mortgage rates hit low for year.
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New-Home sales for March rise from '09 figure.
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Metro area consumers spending again, with confidence.
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Prices rise on homes nationally.
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Sales of new homes, durable goods surge in March.
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New home sales jump from record low.
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Jury's out on what will happen after tax credit for homebuyers expires.
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