The Fall Of Lehmen Brothers One Year Later

Posted by Greg Smith on Sunday, September 13th, 2009 at 9:55am.

The Fall Of Lehmen Brother's One Year Later 

One year ago the Boulder, CO Real Estate market was feeling fairly confident since we are a "Wealth Based Community."  What a difference a weekend made in September 2008.  From September 2008 thru April 2009 the market came to a standstill in Boulder, CO with Sales/Inventory (Market Absorption)numbers dropping by 50% and as much as 64% in February 2009. 

As time has passed and confidence has begun to rise again in our market Boulder is currently only down 35% for August and showing strong signs of upward Trending.  Since September was the pivot point of our major adjustment period it will be very telling to watch the next couple of months.  My guess is we will start posting our first positive growth numbers for year over year sales to inventory numbers (absorption rates)

 sales to inventory          
Boulder, CO            
% Difference54.41%67.41%52.20%53.65%49.35%42.62%47.28%35.92%    

Greg Smith

1 Response to "The Fall Of Lehmen Brothers One Year Later"

Boulder County Homes See a 66% in number of Sales Per Day wrote: [...]and beginning to climb back up.  But it also is interesting to note that when I wrote about The Fall of Lehman Brothers on September 13th how the numbers are starting to align with that blog.I look forward to reflecting[...]

Posted on Thursday, December 3rd, 2009 at 8:03pm.

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