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May 2009 Local Real Estate Market Statistics and Indicators

May 2009 Local Real Estate Market Statistics and Indicators

We’re well into the 2nd quarter of 2009 and the real estate market is starting to show signs of improvement in some areas. Inventories are shrinking in some areas (and not in others)… and some of the “early mover” markets like cities in California and Las Vegas are slowly but surely starting to show signs of the bottom.

Unemployment is still pretty high in a lot of areas, but Denver, Colorado is starting to show great signs of being one of the early turnaround cities with unemployment starting to improve and more buyers entering the market.

Check out the stats report below by our friends at John Burns Real Estate Consulting and get out there and start investing!

- Trevor


May 2009 Real Estate Statistics and Indicators Report


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About the Author

reibrainHey, my name is Trevor and I'm the founder of The REI Brain and a real estate investor since the age of 21. Right now, my focus in real estate investing is multi-family income properties and I have plans on moving more into the commercial real estate investment world in 2008 and beyond.

See all posts by reibrain

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