The Market continues to take us into territory we have not seen in decades, and some cases ever! Here is the latest data on the Metro Denver Real Estate Market through August 2012! You will notice that the graphs (shown at bottom) have begun their fairly straight line as the Spring and Summer volume has cleared and we are settling into the Fall Market! Most notably, Listing Inventory is down approximately 33%, with Under Contracts up 24% and Sold/Closed Volume up 17%, all compared to one year ago. These factors have converged to cause Single Family Denver … (4 comments)
denver home values: Denver Home Values Expected to Increase
- 06/09/12 04:26 AM
It’s a good time to be a Denver home seller, so say the results of the HomeGain National Home Values Survey for Q1 2012. HomeGain queried over 400 real estate agents/brokers and more than 1700 homeowners, grouping results nationally and by region. Nationally, 37 percent of Realtors® and 25 percent of homeowners believe home values will increase in the coming months. Last quarter both groups weighed in at just 15 percent. On the flip side, only 22 percent of agents surveyed expect decreasing home values in the next six month versus 42 percent last quarter. Homeowners expecting a drop went from … (2 comments)
denver home values: Denver Employment Forecast is Good News for Denver Home Sellers
- 03/17/12 12:49 PM
Once again, Denver residents have something to brag about. The most recent quarterly Manpower Employment Outlook Survey shows that employers in the metro Denver area will both continue to hire and hold off on staff reductions. This makes Denver-Aurora the fifth best employment area in the country.
A Manpower spokesperson said that employers nation-wide expect stronger employment forecasts versus one year ago. But when compared to the nationwide numbers, Denver is well above the average.
Of the 140+ Denver-area employers who were interviewed about the next quarter’s hiring plans, 18 percent plan to hire more employees and none have … (0 comments)
denver home values: House Flippers Impacted Current Denver Home Prices
- 12/21/11 11:55 PM
If you thought you knew all the reasons why your Denver home has lost value, think again. As the Government continues to investigate the recent housing crisis, they have discovered something rather interesting. A report by the Federal Reserve Bank of New York shows that speculative real estate investors, commonly known as “house flippers,” may have had a larger impact than first thought in the housing bubble that helped create our current economic mess.
When down payments were low, house flippers used subprime credit and relaxed lending requirements to purchase multiple properties in Denver and throughout the country. More than … (4 comments)
denver home values: Denver Price Stability Great News for Homeowners and Investors
- 01/23/09 09:09 AM
In the recent housing economy, only real estate dreamers anticipate that housing values in Denver will be what they once were anytime soon but a recent report has issued the 2009 version of the dream: Housing prices are likely to remain stable over the next two years. A recent report issued by PMI Mortgage Insurance Co. indicates that area prices have a less than 2% chance of declining within that time. There is other hopeful news in the report too. The firm also quoted U.S. Market Risk figures that ranked Denver as the 10th least risky of the 50 largest metropolitan … (0 comments)
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