YES! on Denver’s Solid Economy!!!

Everywhere I look I see signs and read things that tell us Denver is starting … maybe just with baby steps, but starting none the less … to get a handle on its economy which means the real estate market is most likely at a bottom.

This means no more sitting on the fence buyers… you aren’t likely to get a much better “deal” for most types of homes, AND home loan interest rates went DOWN AGAIN! last week to more new lows.  It’s like stealing now!   Buyers, you can not miss this opportunity that you have right now.  You can’t lock in an really low interest rate until after you have a home under contract.  This could take you weeks or a month or month.  No telling where interest rates will be then, so ACT NOW, please.

Economic experts say they are seeing “a light at the end of the tunnel” and they  expect slow but steady growth this year. What is causing this optimism?

·       Strong retail sales

·       A slight increase in building permits

·       Stabilizing home prices

·       A strong rise in business leaders’ confidence in the 4^th quarter according to the Leeds Business Confidence Index.

·       Tom Clark, CEO of the Metro Economic Development Corporation says 2012 in Colorado will be “solid, maybe even exciting.”