New Home Upside

OFHEO: Colorado Home Prices Up 2.29% in Last Year

The Office of Federal Housing Enterprise Oversight (OFHEO) reported today that Colorado Home Prices have increased 2.29% for 1st quarter 2008, with Grand Junction ranking as #2 Metropolitan Statistical Area and Divisions with Highest Rates of House Price Appreciation (9.08%).  Thank you to the Denver Business Journal - for chosing to share the positive content of the report for Colorado home owners in an article today - detailing Boulder, Denver, Fort Collins, Colorado Springs, Pueblo and Greeley home price increases as well! 

Fort Collins a Bright Spot

Fort Collins is bucking the real estate trend with higher home prices.  Home prices are up, business is good, and according this Denver Post article, no wonder Fort Collins shows up on lists of best places to live.

Has Housing Bottomed?

A compelling article in the Wall Street Journal reports that Wellesley College Prof. Karl E. Case, one of the leading experts on the housing market in the country, believes we may have reached the bottom of the market.  Others are supporting the theory as well.