Denver Real Estate, What Is In Store For The Future?
July 9, 2010 by The Hightower Team · Leave a Comment
The Denver real estate market has been recovering well, yet there is a lingering question about whether or not there will be another dip in the market. The “shadow inventory” rumor has seemed to die down but the question still remains, with the unemployment rate at record highs, and the backlog of foreclosures still in question, what is in store for Denver real estate? This article from Housing Wire raises some questions about what may be happening down the road in the Denver market.
IMF warned in a statement that “the backlog of foreclosures and high levels of negative equity, combined with elevated unemployment, pose risks of a double dip in housing.”
The Hightower Team specializes in Denver Foreclosure and Denver Short Sales. If you or someone you know has questions, contact us today! 303-325-5020
The Hightower Team is your Denver Real Estate Agency. We are here to help you and make your real estate buying experience more enjoyable, hassle free and as easy as possible. Come see why so many people have chosen The Hightower Team to buy or sell their Denver area home.
