Comments on: Denver Luxury Home Sales 2007 http://www.larryhotz.com/denver-luxury-home-sales-2007/ Denver Lifestyles and Homes For Sale Tue, 27 Jul 2010 17:07:29 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: Gretchen Faber http://www.larryhotz.com/denver-luxury-home-sales-2007/comment-page-1/#comment-119 Gretchen Faber Wed, 10 Sep 2008 01:40:51 +0000 http://www.larryhotz.com/blog/denver-luxury-home-sales-2007/#comment-119 The Kentwood Companies statistics are always amazing, and are a reflection of each company's strength as well as the professionalism and hard work of the agents. Elizabeth is correct in pointing out that the higher end segment of the market has slowed down this year. In Central Denver, homes over $1,000,000 are taking quite a bit longer to sell. We figure this may be the result of two factors: the lack of available loan funds combined with the expense of jumbo loans, as well as the sheer number of homes on the market. In the Cherry Creek area and surrounding neighborhoods, homes priced from $300,000 to about $800,000 are selling much more quickly. Gretchen Faber www.gretchensdenver.com The Kentwood Companies statistics are always amazing, and are a reflection of each company’s strength as well as the professionalism and hard work of the agents.

Elizabeth is correct in pointing out that the higher end segment of the market has slowed down this year. In Central Denver, homes over $1,000,000 are taking quite a bit longer to sell. We figure this may be the result of two factors: the lack of available loan funds combined with the expense of jumbo loans, as well as the sheer number of homes on the market.

In the Cherry Creek area and surrounding neighborhoods, homes priced from $300,000 to about $800,000 are selling much more quickly.

Gretchen Faber
http://www.gretchensdenver.com

]]> By: Elizabeth http://www.larryhotz.com/denver-luxury-home-sales-2007/comment-page-1/#comment-118 Elizabeth Sun, 17 Aug 2008 13:12:40 +0000 http://www.larryhotz.com/blog/denver-luxury-home-sales-2007/#comment-118 Dad, You should update our readers about how those luxury home sales have slowed down now. It's an important story that needs updating. Even homes in the $1m-$2m range are taking longer to sell and selling much slower than the homes I ususally sell under $500,000. Dad, You should update our readers about how those luxury home sales have slowed down now. It’s an important story that needs updating. Even homes in the $1m-$2m range are taking longer to sell and selling much slower than the homes I ususally sell under $500,000.

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