Denver Post article – Things are better in real estate.
Here’s the link: http://www.denverpost.com/realestate/ci_15139996
Big chill on mountain resort areas’ home sales beginning to thaw
By Margaret Jackson
The Denver Post
Posted: 05/23/2010 01:00:00 AM MDT
The mountain real estate market plunged so far last year that it seemed there was practically no place for it to go but up this year.
Turns out, that perception is proving to be true.
During the first quarter, many resort areas have seen the number of homes sold rise substantially compared with the same period a year ago. While it’s a step in the right direction, the market is still not as good as in 2007 or 2008.
“2009 was so rank and so off, it was just scary,” said John Helmering, a broker in the Vail Valley. “Realtors in the Vail Valley have been through the worst time period ever in the history of Vail real estate. This is an improvement, but not from 2008.”