Unlocalized story a disservice to readers
Saturday, September 8 at 12:01 AM

The unlocalized publishing of an Associated Press article with a headline about housing prices being in free fall (“Home prices in free fall,” Business, Aug. 29) did Denver homebuyers a great disservice.
Denver was not even a subject of the article, yet it left the impression that Denver is experiencing a major decline in home values.
That is clearly not the case.
As a Denver builder and real estate broker for more than 30 years, I can clearly demonstrate that the vast majority of the metropolitan area is experiencing the same steady (but never spectacular) appreciation in values it always has.
Certainly there are areas of significant deterioration which have already been covered, but if the Rocky were to give some balanced attention to the many stable and desirable neighborhoods, I believe it would find steady and, in some areas, dramatic appreciation of home values.

Stephen Holben, Denver


READER COMMENTS

"As a Denver builder and real estate broker for more than 30 years" - you just ruined your credibility.

Posted by Corey on September 8, 2007 12:39 AM

This writer caught the dreaded Stuckey disease, resulting in delusional thoughts and airs enhancing his industry.

I knew Brian Stuckey would start infecting the general public if left unchecked....

Posted by on September 8, 2007 02:52 AM

Stephen,
Perhaps you should change your name to P.T. Barnum.

Posted by on September 8, 2007 07:13 AM

Mr. Stephen Holden: you wrote:

"I can clearly demonstrate that the vast majority of the metropolitan area is experiencing the same steady (but never spectacular) appreciation in values it always has."

I am waiting to see your demonstration. Please, go on.

Posted by Sheila on September 8, 2007 07:43 AM

Sheila,

As the "For Sale" signs continue to blossom in the neighborhood front yards; wihle the developers go on throwing up (URP!) hundreds of new, and empty, houses - one of them even advertising $100K discounts for taking one off his hands - one begins to wonder what Galaxy the letter writer is posting from.

I think, if your were looking for a "demonstration" relating to something here on Earth, in the Metro-Denver area, you'll be sadly disappointed. But then again, communications with Andromeda - or some such place - might still be open; and the guy could be heard from yet.

I wouldn't hold my breath, though.

Posted by Old Grouch on September 8, 2007 09:56 AM

Freefall? You guys better check the data. The only thing in "freefall" is your credibility.

Posted by Hank on September 8, 2007 11:05 AM

What is the difference between getting a Real Estate License and a Drivers License? ...anyone can get a real estate license.

Posted by Golden on September 9, 2007 05:14 PM

Hankie pankie --

"Freefall? You guys better check the data. The only thing in "freefall" is"...YOUR BRAIN. Existing homes are down about 4% even taking in a few exception areas. New home sale are as slow as your perception of reality, and large discounts are being offered...like acceptance of your ranting ideas.

Posted by on September 9, 2007 10:51 PM

I didn't know people were commenting on my letter. If "Sheila" who commented on 9/8 would contact me at my website (holbenhomes.com) I'd be happy to provide her the demonstrationshe is waiting for.

Posted by steve holben on January 21, 2008 01:15 PM

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