June 2009

June 2009 • Issue 12

Denver Tops Rebounding Housing Markets Barbara Corcoran highlights Denver as the number one recovering housing market on NBC's Today Show saying, "Everything about Denver is pointing Up, Up, Up!" watch video here

Jobs May Recover First in Colorado: If you want to be in the right place when the recovery starts, that place may be in Colorado, Idaho, Oregon, Texas or Washington. The recession didn't start at the same time in every state, and it won't end at the same time either. A new forecast from Moody's Economy.com predicts that jobs growth will return first in those five states, starting in the last quarter of this year. read more here

Colorado Business Conditions Improve, Goss Index Shows: A monthly indicator of expected

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Residential - Year at a Glance Activity - Northern Colorado

Prepared 06/03/2009

2009	New Listings	%Diff Prev Year	Sales	%Diff Prev Year	Avg Price	Med Price	Dollar Vol of Sale	%Diff Prev Year
January	1553	- 19.9	546	- 16.5	265,591	208,500	145,012,907	- 21.8
February	1603	- 20.4	630	- 18.6	259,211	208,000	163,303,443	- 26.9
March	1954	- 14.3	802	- 24.9	254,971	213,500	204,486,763	- 36.8
April	1773	- 25.5	860	- 24.2	266,236	218,000	228,963,123	- 32.5
May	1907	- 18.3	947	- 26.5	269,104	225,100	254,842,389	- 32.6
June	246		71		367,077	273,900	26,062,479
TOTAL	9036	- 59.8	3856	- 68.6	265,215	217,000	1,022,671,104	- 71.3

2008

New Listings

%Diff Prev Year

Sales

%Diff Prev

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 Bill's full article can be seen at http://www.msnbc.msn.com/id/30991972/sp-dt

Bill DedmanInvestigative reporterProfileEmail

updated 8:02 a.m. MT, Tues., June. 2, 2009NEW YORK—

If you want to be in the right place when the recovery starts, that place may be in Colorado, Idaho, Oregon, Texas or Washington.

The recession didn't start at the same time in every state, and it won't end at the same time either. A new forecast from Moody's Economy.com predicts that jobs growth will return first in those five states, starting in the last quarter of this year. Four of those states benefit from strong high-tech industries, and the fifth, Texas, has a strong base of energy industries.

A second wave of jobs growth, in the first quarter of 2010, is

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