Tagged : denver homes

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Home Sales Being Pushed by the Federal Housing Credit

Thursday, September 10th, 2009 at 9:47am. 1222 Views, 0 Comments.

The signs in the marketplace indicate that real estate is on the upswing in Denver.  Sales were up in August with 5200 Denver homes under contract, 3900 of which closed.

Along with this there was another positive indicator for the market as prices were up meaning that we may be moving away from the sluggish market, but the possibility still remains for some touch and go through the end of the year.

Confidence is up in the market with first time home buyers causing a surge in demand to take advantage of the federal housing credit that allows up to an $8000 tax credit to qualified home buyers.

Those in the industry still wonder where the market will go towards the end of the year as there is typically a slowdown in the last couple months of a year in…

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