1. NATIONALLY: existing-home sales rose 7.2% in July – for the fourth consecutive month. The last time we saw four consecutive months of increases in this sector was in June 2004.
2. REGIONALLY: the home price index prepared by S&P/Case-Shiller reports that DENVER and Dallas reported four consecutive months of positive returns in terms of price growth.
3. LOCALLY: Slifer, Smith & Frampton Real Estate posted sales in excess of $90 million in June (vs. sales of $40 million last January).
4. GLOBALLY: Slifer, Smith & Frampton’s website – www.VailRealEstate.com – received 109,203 hits in July, its best month EVER. Prior best month was July 2007, in the heyday of the market. Contact me (email@example.com) with your questions, requests about real estate values to be found in our Vail Valley market.