Denver housing, commercial markets point to stabilization

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vivian e. vigil said:

I wish I was the one to purchase the both of them because if I did I'd make it into a low income housing project and let all my friends move in :)
CREJ said:

The project is anticipated to be completed in spring 2014.
Anonymous said:

When is this project expected to be finished?
JD Crouse said:

HI Kris, Loan Investing has been a wonderful strategy for my company over the last 5 years. I've been able to buy multiple loans in my own back yard from banks and sellers who had carried back a note. The returns have ranged from the low to high double digits with a high level of security (20 - 60 % LTV). I don't see loan sales slowing for a long time for no other reason that we have 20 years worth of FDIC 'loss-share' assets waiting to be disposed. Thanks for the article! JD Crouse http://LoanInvestingBlueprint.com

Denver housing, commercial markets point to stabilization

08 August 2012 | Posted in Denver Market, Economic Development

Employment gains, decreasing vacancy rates in commercial real estate and strengthening housing trends are all optimistic indicators of the region's continued economic stabilization, according to data compiled by the Metro Denver Economic Development Corporation in its Monthly Economic Summary for August 2012.

According to the report, Metro Denver's residential real estate market is improving, with higher builder confidence, new residential construction and a growing number of contracts to purchase previously owned homes. Total metro Denver home sales through the first seven months of 2012 were 16.8 percent higher than sales reported during the same months of 2011. Overall, these stronger home sales are helping to support higher home prices. Further, home construction is on the rise with 68.5 percent more residential building permits issued through the first half of 2012 than the first six months of 2011.

The entire summary is available on Metro Denver EDC's website, http://www.metrodenver.org/metro-denver-economy/monthly-summary

View all posts by Jennifer Hayes

Jennifer Hayes has been an Editor with the CREJ for more than 12 years. Jennifer covers all commercial real estate news for all property types in the Colorado Springs/Southern Front Range and the Western Slope/Mountain Town areas. Jennifer also is Editor of the Construction/Design/Engineering section, the Economic Development section and the Shopping Center section.

Before joining the Colorado Real Estate Journal, Jennifer served as the Assistant Sports Information Director at Texas A&M-Commerce. She earned her bachelor's degree in broadcast journalism from the University of Colorado and a master's degree in education from A&M-Commerce.

When not bringing you the latest in commercial real estate news and views for the Denver area, Jennifer enjoys spending time with her husband and son, sports, dining out, reading, and perfecting her cookie and cupcake icing technique.

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