Wednesday, July 29, 2009

Home Values on the Rise

Home Values On The Rise, an article from, reports that there are new signs that Colorado home values are rebounding. Buyers are still finding bargains in the more expensive homes. However, homes under $400,000 are going quickly. May marked the first monthly increase in home prices since the summer of 2006, according to the S&P/Case-Shiller index. Prices rose from April in 13 of the 20 cities tracked, notably Denver, Cleveland, Dallas and Boston. John Rebchook, a long time analyst of the Denver housing market predicts that Colorado will likely lead the way out of the recession.