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23rd October
2008
written by Bob Schenkenberger

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denver's urban twist

Image by pbo31 via Flickr

The Denver Business Journal reported:
HomeVestors of America Inc. ranked Denver No. 6 on its list of top 10 markets for residential real estate investing in the third quarter…
Based on HomeVestors data, the best U.S. markets for home sales, in order, are:
Based in Dallas, HomeVestors was started in 1996 and now has more than 230 franchisees in 35 states. The company’s slogan is “We Buy Ugly Houses.”  Franchise Brands LLC of Connecticut became majority owner of HomeVestors in June 2008, acquiring 62 percent of it.
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3 Comments

  1. 10/23/2008

    Boo Hoo! Michigan didn’t make the list. With prices having fallen the way they have here in SE Michigan, I’m surprised. In any event, congratulations to the Denver area!

    Vance Shutess last blog post..Applying for your Saline mortgage

  2. 10/23/2008

    Eric, thanks for the comment. We started slowing down in 2001. I actually did a post with a timeline this week. You can read it here.

    http://bloghomedenver.com/2008/10/22/d-day-for-denver-market/

  3. 10/23/2008

    Wow - I am surprised about Richmond showing up on the list. Friends living in Denver were worried about the markets there as early as the late 90’s. Hopefully we have hit the bottom and moving up from here.

    Erics last blog post..How to Find Foreclosures

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