Housing Price Correction Ending Soon

Posted at 9:31 AM, Jan. 11, 2007

In the Business section of Wednesday's (January 10, 2007) The Denver Post there is a great article that discusses that the Housing Correction in prices that we are currently experiencing will be ending soon per economist Carl Tannenbaum.  Tannenbaum reminded his audience at the National Association of Industrial and Office Professionals' annual forecast breakfast on January 9, 2007, even though home prices declined 4% over the past year, home prices rose 60% between 2001 and 2005.

Per Patty Silverstein of Littleton-based Development Research Partners, Colorado's employement grew by 2.2% in 2006 where national employment grew 1.4% during the same time frame.

For the full story visit the Denver Post.