Michael Clarkson - Mile High Home Hunter - Interviewed for Denver Business Journal Article

Folks:

I wanted to share that I was interviewed by the Denver Business Journal for an article that Paula Moore was doing called: Investors Find Opportunities in Homes Lost to Foreclosure.

In the article, there seems to be a general concensus that the local market is picking up significantly.  I would agree that the data is telling me that as well.  What is surprising is there appears to be a perfect storm getting ready to happen:

1. Low rates
2. Under supply of for sale homes
3. Over supply of buyers (due to the in-migration into Colorado)
4. Builders cutting back on inventory homes
5. Builders going out of business
6. Foreclosures being held more - though not entirely - in abatement through the lowered interest rates

You can access the article on my blog at: http://www.milehighmls.com/2008/02/michael-clarkson-interviewed-for-denver.html .

It's a great article!

Michael