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Louisville CO Sales Look Strong for 2010
Posted by Greg Smith on Wednesday, November 18th, 2009 at 5:43pm.
Louisville Co is again beginning to see a drop in Supply and a increase in Demand. According to above charts we are showing only 3.5 months of inventory on the market. An interesting Trend is the Average days on market have risen from 60 days to 110. I know what you’re saying "Greg this does not make sense if the market is getting stronger." Actually it does, when a market begins to turn. What we are seeing is Buyers are no longer waiting for the perfect new homes to come on the market. They are beginning to reach into the stagnant inventory and say "hey that house that did not make sense yesterday makes sense today." Soon we will see the lagging inventory also begin to diminish and Louisville, CO looks like it is in for a strong first quarter of 2010.


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I'm anxious to see the numbers for Q1 for Louisville. I had a long discussion with a small group of people last night about Oracle buying Sun Micro, and Conoco Phillips coming to the area. The consensus from the group was that we're looking at some long, slow, deliberate, and stable job growth in the Louisville, Superior, Broomfield area.
Posted on Friday, January 29th, 2010 at 6:35 AM.