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Metro housing holding its value --New report could spur investment in local real estate

(This article by John Rebchook in the 1/15/09 edition of The Rocky Mountain News)

Home prices in the Denver-Aurora metropolitan area have less than a 1 percent chance of declining in value during the next two years, according to a national report released Wednesday.

The report by PMI Mortgage Insurance Co. could help accelerate an expected surge of real estate investments by savvy buyers looking for bargains, said one local expert. 

[Click on this link to read the entire article]

Related Links

• LINK: PMI report on future home price declines
  (This report dramatically shows the good situation Denver is in compared to many other cities’ risk of decline in housing values: # 41 in a list of top 50 Metropolitan Statistical Areas.)
• Foreclosures in metro Denver decline 11.8 percent

A similar article was published yesterday:

Denver Business Journal--Report: Denver home prices likely to be stable through mid-2010

Have you noticed the recent trend? There is more good news about Denver area real estate than bad news.