Signs of a Real Estate Recovery?

Compared to August 2006, we actually had an increase in the number of properties sold in Highlands Ranch, Lone Tree, Parker, Castle Rock and the rest of Douglas County! The Highlands Ranch / Lone Tree area saw a year-to-year increase of 4.3 percent and the Parker area increased a whopping 12.4 percent!

Year-to-date, the Highlands Ranch / Lone tree area is only down 2 transactions from 2006 with 258 total transactions through the month of August.

It's hard to belive with all the negative news regarding mortgages and foreclosures but perhaps...just perhaps...we've hit bottom and are seeing the first signs of a true recovery for 2008.