TeamCox Realtors always keeps a close eye on the monthly S&P/Case-Shiller Home Prices Indices report, which was released today. There was good news for the Denver real estate market with Denver home prices rising once again from last year. This is the seventh month in a row that Denver home prices have shown a year-over-year increase.
The closely-analyzed report indicated a 3.6 percent increase from May 2009 to May 2010, and a .6 percent increase from April of May to this year. The year-over-year increase was the thirteenth best showing in the country.
If you are a prospective Denver homebuyer, there is no better time than the present to purchase a home. There is a great selection of homes to choose from, and interest rates are hovering at historical lows. This perfect scenario will not last forever, so don’t miss the opportunity to purchase your dream home in Denver. For information on the state of the Denver real estate market, please contact TeamCox Realtors at 303-400-6060.
Denver Named Most Improved Housing Market
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If you are looking for a home in Denver and the surrounding area then contact TeamCox for professional Real Estate Assistance