News Flash! Denver Real Estate Market is Tanking...
The Year to Date sold statistics are in. Last year at this time we (collectively, not just The Berkshire Group) sold 6,696 units. This year we have experienced a DRAMATIC decline in sales. ..we are at 6709 units.
Now let's subtract, NO WAIT! This year's number is LARGER than last year!
STOP the presses!
We are AHEAD of last year's sales by 25 units! How could this be true? The media says the Denver real estate market is in the tank! Could the media be wrong?
You betcha they are wrong! The market may not be steaming at full speed ahead, but we are selling houses, lots of houses. The year to date volume is only off by .89%, hardly a significant number.
The future is not as bad as some would like us to think.
Thanks for your comments, I do agree; it is good news. Of course it could be a whole lot better, but it's not all that bad. :)
Such is life.
Posted by: Kristal Kraft | August 09, 2007 at 08:56 PM
But it's more fun and exciting for the media to tell everyone that the sky is falling! The sky is falling!
Posted by: Karen Rice Pike County PA Real Estate | August 09, 2007 at 06:22 AM
Way to go, Denver!!
Posted by: David Small | August 08, 2007 at 07:07 PM
Looks like pretty good news to me!
Posted by: Maureen Francis | August 07, 2007 at 10:20 PM