Denver and San Francisco

Denver is back on top of the Case Shiller rankings, tied with San Francisco with a  10.7% increase in the August index.  While this data point is eyepoping, it is reflective of the end of the summer selling season.  Many brokers and appraisers are reporting market slowing in recent month, due in part to seasonal slowing.  The over $500,000 market is slowing in particular, showing longer marketing times and bigger price reductions.  Click on the chart below to read more from John Rebchook’s Denver Real Estate Watch blog: