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denver home sales: Fourth Quarter 2007 Denver Real Estate Absorption Rates - 01/27/08 10:43 AM

Fourth quarter real estate statistics show that Highlands Ranch and Lone Tree are continuing to average a lower absorption rate in comparison to other featured areas, which can translate into quicker home sales. North Jefferson County's absorption rate is also lower in this current quarter. During the third quarter we had three areas identified as a Buyers Market. This quarter, we are up to eight areas. Buyers tend to shy away from purchasing a home during the holidays and that may explain the increase.
Considering Absorption Rate is one way to measure the health of our real estate market. Absorption Rate designates the number of months … (4 comments)

denver home sales: December 2007 Market Activity- Bonnie Brae and Belcaro - 01/24/08 10:28 PM

Here is a summary of December 2007 sales in the Bonnie Brae and Belcaro neighborhoods. The east and west boundaries are Colorado Boulevard and University Boulevard and the north and south streets are E. Exposition Avenue and E. Mississippi Avenue. It is a wonderful neighborhood with a eclectic selection of homes. From historical homes to custom contemporary construction, the neighborhood offers something for everyone. The neighborhood is within walking distance of restaurants, shopping, parks and transportation routes.
 
  If you missed out on purchasing one of these fabulous homes, there are 34 other homes currently on the market in the Denver Bonnie Brae/Belcaro neighborhoods ranging in price from $330,000 to $3,495,000. If you'd like to … (2 comments)

denver home sales: July Market Activity- Bonnie Brae and Belcaro Neighborhoods - 08/07/07 09:02 PM
It's amazing how quickly this year is passing. August is here and fall is right around the corner. The leaves will begin turning in the next month or two. The lucky people who bought one of the houses in the Bonnie Brae and Belcaro neighborhoods will have a great view of our fall colors right in their own backyard. Several of the sales are the smaller homes. Will these be the next to be renovated into new masterpieces?
Here is a quick summary of July 2007 sales in the Bonnie Brae and Belcaro neighborhoods. The east and west boundaries are Colorado Boulevard and University Boulevard and the … (2 comments)

denver home sales: Predicting the Recovery of the Denver Real Estate Market- The Quarterly Report - 04/17/07 07:31 PM
The jury is still out on how close the Denver housing market is to recovery. I read an interesting blog article written by Jay Burnham who is a VP with Coldwell Banker in Massachusetts titled, Knowing Exactly When the Market Will Change. Jay's conclusion is that "when we have more homes that are selling than are coming on the market, the trend will have reversed and you can expect the return of an appreciating (Seller's) market." These numbers should be reflected in a minimum of a three month trend.
So how does our Denver metro real estate market stack up?
Tracking back through January … (6 comments)

 

Jennifer Steck- Denver Real Estate

Denver, CO

More about me…

Rocky Mountain Homescapes, Keller Williams, Denver Colorado

Address: 210 University Blvd, Suite 600, Denver, CO, 80206

Office Phone: (303) 722-3300

Cell Phone: (720) 260-3133

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