June 24th, 2008 10:51 AM by Rod Cameron
After talking to a Denver Appraiser I wanted to share his observations of the current market. He is seeing pockets hit the hardest in depreciated home values starting to stabilize. Two neighborhoods that are worth mentioning as showing signs of stabilization are; South Commerce City and Mission Viego.
The current absorbtion rate is more in favor of a balanced market. The post election real estate market could be an exciting marketplace in terms of increases in home values.
Would like to hear from you as to what is happening to values in your neighborhood? If you are planning on selling or buying in the next year let's talk in more detail.