Tuesday, August 15, 2006

Market slowdown???

Highlands Ranch is a community of approximately 27000 families and growing, one of the reasons Douglas County Colorado has been one of the fastest growing Counties in the Country.
A rough count last week showed about 715 homes on the market. Compare that to 1991 when there were at any given time over 500 on the market, and there were about 12000 homes here then. We do not have a soft market. We do have some builders who in 3 years have raised the price on the same model from 300k to 400k.
That is a large jump. They must think we are not in Colorado anymore, but they sell them.
SO whaT HAPPENS AFTER THE BUILDING IS DONE? wHERE DO PRICES GO? uP down sIDEWAYS?
Lone Tree Colorado Highlands Ranch Littleton Castle Rock Centennial Englewood Parker co and metro Denver Colorado real estate property listings mls is available at www.DenverRelocation.com including searches for properties and homes.

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