Westminster, CO

In the world of which we live, there is good bad and ugly! I choose to look for
the good. I must admit I do believe in FAITH - HOPE AND LOVE. Im not sure
how one can survive without having faith , hope and love. I have read the greatest of
these is love.

Below is a great clip on what the world needs now..from Westminster,Colorado to
Arvada, Colorado to California to New Jersey !!!

Please enjoy and spread the good word !!! LOVE !!!!

Gary DiGiorgio
The DiGiorgio Group
9035 Wadsworth pkwy 2000
Westminster.Co 80021
Direct 303 898 4279
Office 303 422 5200 fx 303 467 0211
Gary@Di-DenverRealty.com

Serving and selling Denver for over 11,000 days
ARVADA***GOLDEN***THORNTON***WESTMINSTER
I REALLY APPRECIATE YOUR REFERRALS
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Absorption rate is an estimate of how long it would take all the houses currently on the market to sell, if no new ones were added, based on how many sold in recent months. It’s an artificial number, of course, but a good indicator of market trends. I think it's one of the most useful statistics we can be aware of.

I believe absorption rate is more valid than ‘days on market’, because DOM is quite skewed by short sales, which stay on the market considerably longer.

Westminster is a larger city between Denver and Boulder, so lots more to choose from when it comes to homes for sale. Things are a bit slow right now, bet we usually have a little fall pick-up when the weather cools a bit.

The recent home buyer tax credits did heat up the entry level market for first-time home buyers, but didn't seem to have a lot of impact on people selling a home and buying another. Now that those have expired, some people are forecasting doom and gloom for the real estate market.

However, the local economy is doing pretty well, with new jobs moving into the area. So although I don't expect a quick recovery, I do see an improving market down the line.

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I write posts on real estate issues and local events in the Denver metro area, especially those *communities between Denver and Boulder, as a public service. My hope is to give people an idea of the 'flavor' of our community, in case they're new or moving to the Denver area.

I am a residential real estate agent, happily helping folks buy a house or sell a house in the beautiful and friendly *suburbs northwest of Denver.

*Arvada, Broomfield, Westminster; also Thornton, Golden, Wheat Ridge, Northglen, Lakewood

Read more about Olde Town Arvada.

Check out my website.

Find all the homes available in Arvada, Westminster, Broomfield, Superior, Lakewood, Thornton Wheat Ridge and Golden.

To subscribe to my blog, click 'RSS' (look to the right of this page, scroll down below 'Archives', and you'll see RSS in the gold box). Then click 'Subscribe to this feed' and 'Subscribe'.

Seriously, as a real estate professional, I must know my statistics. Below are the Denver MLS stats. I would state for the records our market is down from the previous month, 5-7 %. I would also like to make a prediction. Once our administration reviews the decline, they will enact another Tax Incentive program. Look for the new program in September or October. Why September or October? I predict September or October because of what happens in November, The elections!!! Remember you read it here FIRST !!!

SINGLE FAMILY ---JUNE 2010 / MAY 10/ MAY 09

% CHANGE

Active	22,689	5.86	8.80
Pending	551	-5.49	-
Under Contract	3,885	0.05	-31.41
Sold	4,046	-7.31	-3.34
Avg DOM	82	9.62	-17.93
Avg Sold Price	$273k	10.23	5.83
Residential
Active	17,337	6.15	9.80
Pending	447	-9.15	-
Under Contract	3,162	0.73	-29.23
Sold	3,227	-5.53	-3.03
Avg DOM	81	8.00	-19.80
Avg Sold Price	$299k	9.55	5.67
Condominium
Active	5,352	4.94	5.71
Pending	104	14.29	-
Under Contract	723	-2.82	-39.55
Sold	819	-13.70	-4.55
Avg DOM	87	10.13	-10.31
Avg Sold Price	$171,k	8.91	5.97

Gary DiGiorgio

The DiGiorgio Group

9035 Wadsworth pkwy 2000

Westminster.Co 80021

Direct 303 898 4279

Office 303 422 5200 fx 303 467 0211

Gary@Di-DenverRealty.com

Serving and selling Denver for over 11,000 days

ARVADA***GOLDEN***THORNTON***WESTMINSTER

I REALLY APPRECIATE YOUR REFERRALS

Gary D... For Denver

The One, who makes it, sells it. The one, who buys it, never used it.
The one who uses it, never knows that he using it ... What is IT ????

So here is a riddle for you to solve. Would you like a few clues...
I’ll take that for a yes. The first statement refers to something that is made by man.
The second statement, someone is buying for another, not themselves. The third,
the person using it never realizes he is using it..so he is unaware he is using it.

The last clue is a final clue... You all know..Im in the housing biz..this IT
is a type of housing... see below for the answer.

Gary DiGiorgio
The DiGiorgio Group
9035 Wadsworth pkwy 2000
Westminster.Co 80021
Direct 303 898 4279
Office 303 422 5200 fx 303 467 0211
Gary@Di-DenverRealty.com

Serving and selling Denver for over 11,000 days
ARVADA***GOLDEN***THORNTON***WESTMINSTER
I REALLY APPRECIATE YOUR REFERRALS

Okay..one more clue...its the last housing you will need...