Michael Clarkson is one of Denver's highest profile brokers. He’s been featured in Realtor® Magazine three separate times, Denver Post, Denver Business Journal, KOA Radio, KHOW Radio, and the Colorado Radio Network. Michael is a licensed Managing Broker in Colorado and a GRI (Graduate Realtor® Institute). He is also a partner in the firm, Cash Path Real Estate LLC. Michael has an MBA in International Business from Regis University in Denver.

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Thursday, January 15, 2009

The Daily Dirt - Denver Prices Predicted Stable

Mile High Home Hunter Realty
01/2009 Vol 2, Issue 1.15
Home Value
Denver Prices Stable - Market Risk Index 
Dear Blog,
 
Michael Clarkson
A recently released article identified Denver as a top 10 market for estimated stability through mid-2010. 
 
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Denver Home Prices Likely Stable
 
Money In Your Home
 
Wednesday, January 14, 2009, 2:30pm MST
Report: Denver home prices likely to be stable through mid-2010
- Denver Business Journal
 
Denver is one of 10 U.S. metropolitan areas with a "minimal" risk of lower housing prices two years from now, according to an index of market risk.
 
The latest quarterly "Market Risk Index" by PMI Mortgage Insurance Co. (NYSE: PMI), issued Wednesday, said the Denver-Aurora metro area ranks 10th among the cities that are expected to have stable housing prices between the third quarter of 2008 and the same quarter of 2010.
 
The index shows Denver bucking a national trend toward an increased risk of lower home prices.
 
It said the risk of lower prices is rising in 369 of 381 of the nation's metropolitan statistical areas.
 
Three Texas cities - Dallas, Fort Worth and Houston - are expected to have the least risk of declining housing prices over the next two years, Walnut Creek, Calif.-based PMI said.
 
As for metro areas where declining prices are most likely, PMI said, nine out of 10 are in California. The top three are Riverside-San Bernardino, Calif.; Miami; and Fort Lauderdale, Fla.


 
"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."
- Churchill
 
 
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Kind regards and happy "Home Hunting",   
 
Michael J. Clarkson
 
Broker/Owner - Mile High Home Hunter Realty 
303.332.6393
MJ@MileHighHomeHunter.com     
 
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