Analysts deliver upbeat assessment of Denver market

Denver ranked as 13th Healthiest Housing Market

Once a poster child for the foreclosure crisis, Denver has emerged as one of the strongest housing markets in the country, according to participants in a November 12, 2009 Executive Housing Seminar delivered by Hanley Wood Market Intelligence.

Builders in the Denver market were back to selling on average one home per community per month during the third quarter of 2009, said Jay Peterson, regional manager for HWMI. That's up from 0.7 homes per month during the same period a year before. The figures are for communities of 10 homes or more tracked by HWMI.