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Double-dip?

 

What do you think?
 
Denver real estate in a double-dip? I don't think so. Everyone is talking about February's numbers being lower than last year but last year was artificially high due to the $8,000 tax credit.
 
Each quarter in 2010 was significantly better than the same quarter in 2009. Jan '11 was up 7% over Jan '10 and March was flat.
 
I don't see a significant rebound until next year, but I also don't see a double-dip in 2011.