Sales of New Homes in Colorado Rose 6.6% in February
Posted by TheHomeCart.com on Saturday, March 28th, 2009 at 12:08pm.The Denver Business Journal reported that February new-home sales increased 6.6 percent in western states, including Colorado, compared to the national sales increase of 4.7 percent, according to the U.S. Census Bureau.
Some 65,000 new, one-family homes were sold in the West in February, up from 61,000 in January. This sales figure, however, is substantially lower than the sales in February 2008 of 142,000 homes. The pace of February new-home sales in the West was also less than any month of 2008.
The U.S. Census Bureau also reported that the seasonally adjusted estimate of 330,000 new houses for sale at the end of February represents a supply of 12.2 months at the current sales rate.
Our select team here with TheHomeCart.com and Brokers Guild - Cherry Creek Ltd is committed to meeting all of your Colorado real estate needs. We use the latest technology and utmost degree of customer service to enhance your real estate buying and selling experience. Our team services the Denver Metro area helping buyers and sellers with homes, townhomes, condos, lofts, and investment properties. We specialize in offering relocation assistance for local, national and international buyers of homes and properties here in colorful Colorado. For more information about buying or selling your Denver area home, please contact us here at TheHomeCart.com.
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