Theres an old saying on Wall Street.. “When there is blood in the streets, buy buy buy. “  Contrarians usually get wealthy.  Look at George Soros and Warren Buffet.  Denver Real estate investors who buy over the next 3 months can expect some great bargains for a buy and hold strategy.  Single family homes are cashflowing at these reduced prices.  Ask me how to get started. 

In the meantime, the following info from RealtyTrac ranks Colorado as the #1 state for October 2006.

1. Colorado 1 out of 337 homes (117 % increase)
2. Nevada 1 out of 389 homes (557 % increase)
3. Georgia 1 out of 449 homes (99 % increase)
4. Michigan 1 out of 623 homes (88 % increase)
5. Illinois 1 out of 632 homes (144 % increase)
6. Florida 1 out of 640 homes (49 % increase)
7. Ohio 1 out of 654 homes (55 % increase)
8. Tennessee 1 out of 668 homes ( 99 % increase)
9. New Jersey 1 out of 675 homes (37 % decrease)
10. Utah 1 out of 718 homes (13 % increase)

This entry was posted on Monday, November 20th, 2006 at 12:05 am and is filed under Denver. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.