Positive Perspective for the Denver Metro Market

1.  Homebuyer Tax Credit Extended, Expanded: The House of Representatives passed legislation November 5th that would extend and expand the tax credit for first-time home buyers.

2.  Denver Home Resales Rebound in October: Metro Denver home resales increased in October from September, but were down from October of last year, according to a Metrolist Inc. housing report released Friday.

3.  Existing-Home Sales Jump 13% in West, 9.4% Nationwide: First-time homebuyers helped drive up existing home sales nationwide -- and especially in the western states, including Colorado -- according to the latest figures from the National Association of Realtors. In the West, including Colorado, existing-home sales jumped 13 percent to an annual level of 1.3 million in September -- 5.7 percent higher than a year ago.

4. SMA Solar Plant to Bring Hundreds of Jobs to Denver: SMA Solar Technology AG, the world’s largest manufacturer of a critical component in solar power generation, said Monday it will invest about $20 million in its first North American manufacturing plant — in Denver — expected to open in the first half of 2010.

5. Vail Resorts' Sales of Season Passes Increase 13 Percent: Vail Resorts Inc.'s season-pass sales rose 13 percent in September as skiers eager for powder prepared to make tracks a year after the financial crisis.