Mid-Year Investor Survey Projects U.S. Recovery by Mid-2010

Foreign real estate investors expect recovery of the U.S. market by the end of the second quarter 2010, according to a new survey from the Association of Foreign Investors in Real Estate (AFIRE).

Although 75 percent of the survey respondents had not yet invested in 2009, more than two-thirds plan to invest some debt or equity in U.S. real estate before the end of the year.

Denver Market Conditions & Statistics – June 2009

Denver Metro Residential & Condominium Listings

% Change vs
JUN 09 Prior Month Year Ago
Single Family (Res + Cond)
Active 20,853 0.57 -20.12
Under Contract 5,664 6.01 -10.21
Sold 4,186 15.38 -13.60
Avg DOM 100 -4.59 3.40
Avg Sold Price $258,434 6.34 -3.21
Residential
Active 15,790 0.77 -21.46
Under Contract 4,468 3.88 -12.24
Sold 3,328 16.49 -13.49
Avg DOM 101 -2.88 7.45
Avg Sold Price $283,312 8.11 -1.25
Condominium

Active 5,063 -0.04 -15.60
Under Contract 1,196 14.78 -1.73
Sold 858 11.28 -14.03
Avg DOM 97 -11.82 -10.19
Avg Sold Price $161,939 -6.10 -14.93

* Based upon information from Metrolist, Inc.. This representation is based in whole or in part on data supplied by Metrolist, Inc.. Metrolist Inc. does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist, Inc. may not reflect all real estate activity in the market.

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