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Home The Fall Of Lehmen Brother's One Year Later

The Fall Of Lehmen Brother's One Year Later

One year ago the Boulder, CO Real Estate market was feeling fairly confident since we are a "Wealth Based Community." What a difference a weekend made in September 2008. From September 2008 thru April 2009 the market came to a standstill in Boulder, CO with Sales/Inventory (Market Absorption)numbers dropping by 50% and as much as 64% in February 2009.

As time has passed and confidence has begun to rise again in our market Boulder is currently only down 35% for August and showing strong signs of upward Trending. Since September was the pivot point of our major adjustment period it will be very telling to watch the next couple of months. My guess is we will start posting our first positive growth numbers for year over year sales to inventory numbers (absorption rates)

sales to inventory
Boulder, CO
Jan feb mar Apr May Jun Jul Aug Sep Oct Nov Dec
2005 13.74% 14.20% 24.68% 24.77% 21.08% 24.02% 21.70% 23.47% 18.20% 17.46% 16.96% 20.15%
2006 14.43% 15.52% 19.70% 18.78% 19.80% 23.66% 17.00% 18.97% 13.15% 18.03% 16.97% 16.94%
2007 12.54% 12.60% 20.75% 12.29% 21.25% 27.05% 19.54% 23.56% 16.39% 15.17% 14.90% 16.17%
2008 12.08% 14.65% 14.85% 15.24% 16.70% 20.09% 21.78% 15.63% 12.53% 13.46% 7.32% 13.82%
2009 5.51% 4.77% 7.10% 7.07% 8.46% 11.53% 11.48% 10.02%
% Difference 54.41% 67.41% 52.20% 53.65% 49.35% 42.62% 47.28% 35.92%

Posted Sunday Sep 13