Silver Lining For Housing Market On Colorado's Front Range, a story from cbs4denver.com, reports that there's a silver lining for Colorado's Front Range, despite the downward trend of the national housing market.
According to real estate experts, metro Denver has been pretty stable compared to the rest of the country and is poised for a quicker recovery. Glenn Mueller, University of Denver Real Estate Professor said, "Job growth that actually creates demand for housing is actually as good or better than many other places in the country, so on the demand side, things look relatively good."
Real estate brokers say while prices have dropped a few percentage points, there's other indicators that should give home sellers a reason to feel optimistic. Professionals said, "February of 2008 versus February of 2007, the number of homes under contract is up almost 7 percent. The average days on the market, which is an important factor for sellers, is down 11 percent."