denver real estate: Denver Real Estate Market Update - June 2019
- 06/20/19 03:24 PM
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denver real estate: Denver Real Estate Market Update - February 2019
- 02/26/19 05:13 PM
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denver real estate: Metro Denver Real Estate Market Update – February 2018
- 02/28/18 04:11 PM
Despite a dip in sales year-over-year, January 2018 data showed a very active month for the Greater Metro Denver housing market. Over 4,000 homes went under contract – a 34% increase from last month and 9% higher than this time last year.
With the market picking up from the typical year-end slow-down, January 2018 showed a strong start in Denver’s housing market. New listings, homes under contract, and average sold price for single family homes were all up year-over-year. While weeks-of-inventory remained unchanged from last year, the low number hints at the challenge of limited inventory for home buyers in Colorado.
Low Inventory … (1 comments)
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denver real estate: Metro Denver Real Estate Market Update – November 2017
- 12/01/17 01:01 PM
Denver Metro Home Prices Remain Strong as Available Inventory Sees Seasonal Decline
The latest data from REcolorado for October 2017 shows home values remained strong, with home sale prices increasing in October. Inventory tightened during the month, as fewer new listings of homes for sale came on the market.
View the Latest 2017 REcolorado Market Watch Infographic.
Market Stats at a Glance:
After seeing three consecutive months of decreasing prices, the average sale price of a home in the Denver Metro area increased last month. In October, the average sale price for a single-family home was $437,996, four percent higher than … (0 comments)
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denver real estate: Metro Denver Real Estate Market Update - August 2017
- 08/31/17 04:55 PM
Summer Cooling in the Denver Metro Housing Market
The latest housing market statistics report from REcolorado shows the start of summer cooling in July. The fourth of July brought with it a slight decrease in home sales, marking the beginning of a seasonal slowdown in the housing market.
What does this mean for Colorado home buyers and sellers?
Slightly Lower Average Prices
Average home sale prices decreased for the first time since February, but not by much. The average home sale price peaked and reached a record high in June 2017 at $448,467. In July, this average home price dropped one percent to $444,108.
Fewer … (0 comments)
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denver real estate: Denver Real Estate Market Update – May 2017
- 05/31/17 06:49 PM
Denver Metro Home Prices Reach All-Time High
as Buyer Demand Remains Strong
After experiencing a double-digit percentage increase in March, the number of available homes for sale saw another increase in April. At the end of the month, there were 5,825 homes for sale in the Denver Metro area, up 18 percent as compared to the previous month, but six percent less than this time last year. The month-over-month increase in inventory was a result of sellers bringing new listings to the market—6,587 in April.
The number of sales held steady in April, despite persistently low inventory levels. During the month, 4,689 homes sold, … (1 comments)
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denver real estate: Denver Real Estate Market Update - March 2017
- 03/30/17 03:52 PM
Demand Keeps Metro Denver Housing Inventory Low
According to the latest data from REcolorado, the inventory of available homes for sale in the Denver Metro Area is at all-time lows, despite an influx of new listings that came on the market in February.
Thanks to continued strong demand, inventory of available homes for sale in the Denver Metro area dipped once again in February. The month ended with 4,405 listings of homes for sale, 12 percent lower than this time last year. Inventory levels remained tight even with the addition of 4,565 listings of new homes for sale, an increase of 20 percent as … (2 comments)
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denver real estate: Denver, CO Hit the Top 10 List of Hottest Housing Markets for 2017
- 01/16/17 05:17 PM
Demand for houses is booming in certain cities. Zillow, a leading real estate and rental marketplace recently announced its predictions for 2017's 10 hottest housing markets. Topping the list this year is Nashville, Tennessee followed by Seattle, a market with home value growth in the double-digits. Denver hit the 9th spot for the hottest housing market in the U.S this 2017.
Photo Courtesy of Zillow
To determine which markets would heat up over the next 12 months, Zillow looked for places with quickly rising home values, low unemployment rates and strong income growth. According to Zillow Chief Economist, Dr. Svenja Gudell, “Zillow's 2017 … (1 comments)
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denver real estate: US Housing Market Forecast for 2017
- 12/09/16 08:13 PM
Most Real Estate experts see a strong year ahead for the US housing market this coming year. Predictions are for existing home sales at 6 to 6.5 million in 2017. And we’ll see more renters becoming homeowners over the next decade.
Interest in rental income investment and apartments is particularly strong now in some states and the outlook is more positive than ever. US Housing stats are forecast to grow strong this year and next, particularly single family homes that will rise about 30%. Prices will rise to 2020 and construction spending will grow through 2020.
Mortgage rates are forecast … (1 comments)
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denver real estate: Holiday Denver Home Selling Plans
- 12/02/16 04:59 PM
There are many good reasons why sellers should list their Denver home in December, such as low inventory, less competition, a more serious buyer pool, etc. Once you have decided that now is a better time to sell, the next question becomes, should you decorate your home for the holidays?
On one hand, a decorated home feels more warm and inviting, and on the other, over-decorating may cause clutter and distract potential buyers from seeing the bones of the house. It’s important to consider both viewpoints.
Should I Decorate My Listed Denver Home For The Holidays?
Should you put out those blue and white candles and prominently display your menorah? What about … (0 comments)
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denver real estate: Why You Should Use a Real Estate Agent to Sell Your Denver Home
- 08/18/16 11:35 AM
With improvements in the housing market, now may be a good time to consider selling your home. Your reasons for selling may include the need to relocate to a different area, the desire to upgrade from a starter home, or to save yourself time and maintenance costs by downgrading to a smaller home that better suits your needs. While many people consider selling their homes themselves to save money, having an experienced real estate agent handle the transaction can not only save you time and money, but could also protect you against legal liability that can arise during and after the … (0 comments)
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denver real estate: Denver Listed Top 10 Best Purchase Markets for Millennial Homebuyers
- 06/16/16 10:38 AM
According to a new research by NAR (National Association of REALTORS), becoming a homeowner is currently more possible in some less expensive areas with steady job growth, though financial obstacles and lifestyle choices are hindering the journey to homeownership for many young adults.
NAR chief economist, Lawrence Yun says that homeownership rate for young adults under the age of 35 peaked in 2005 (43 percent) and fell to 36 percent in the first quarter of 2014.
“Limited job prospects, student debt and flat wage growth have combined with tight credit conditions and low inventory to price Millennials out of some of the top … (0 comments)
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denver real estate: Parker Colorado’s Top Recreational Trails
- 06/01/16 10:53 AM
Parker, Colorado is a nature lover’s paradise. For those that enjoy the outdoors, there are many activities to choose from in Parker, including over 200 acres of developed parkland and 700 acres of open space land. In order to provide bicycle riders, walkers, joggers and equestrians with safe and enjoyable routes, Parker maintains 20+ miles of concrete paved, multi-use trails throughout the Town.
Below is a list and highlights of some of the best recreational trails in Parker. Get out and enjoy the wonderful amenities Parker has to offer!
Baldwin Gulch Trail
Baldwin Gulch Trail follows an intermittent waterway of the same name for approximately … (1 comments)
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denver real estate: Foreclosure: Not the Only Option for Your Denver Home
- 05/27/16 11:57 AM
In recent reports, US Foreclosures activities are statistically decreasing but for homeowners who are slipping into a mortgage payment delinquency, the fear of becoming a statistic is strong.
Foreclosure should be viewed as the last recourse after everything else has been explored and not the first choice of solution. Many Coloradans are fearful of their situations and do not realize that there are positive steps that can be taken to avoid foreclosure. Our focus with homeowners facing foreclosure is to give them hope of a dignified solution to their financial crisis through current lender loan modification, loan refinancing (short or long-term) or a … (0 comments)
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denver real estate: The Premier Neighborhood of Washington Park in Denver, Colorado
- 05/19/16 11:56 AM
Washington Park is located in Denver’s south park district. If you are looking for a community that is close to beautiful flower gardens and lots of activities, then this is the place for you. Washington Park is one of the nicest and most popular parks in Denver. The lovely flowerbeds around the gardens in the park are filled with vibrant colors both in the spring and summertime and the bed designs change each year. You will want to spend countless hours at the park to just take in its immense beauty. The 162-acre park was originally built in 1899 and is … (1 comments)
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denver real estate: Metro Denver Real Estate Market Update – April 2016
- 04/29/16 11:43 AM
Prices Reach All-Time Highs, Inventory Levels Increase
Spring Has Sprung for the Denver Area Housing Market. The latest data from REcolorado market update reveals that home prices have reached another all-time high. Demand remains strong, with number of home sales seeing an impressive 39 percent jump from February.
All month-over-month comparisons indicate the housing market for the Denver Metro and surrounding area is holding strong, thanks to an influx of new listings that boosted the number of Denver homes for sale. At March month end, inventory levels were up 10 percent as compared to last month and six percent year over year. … (0 comments)
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denver real estate: Metro Denver Real Estate Market Update For March 2016
- 03/31/16 10:10 AM
Strong Demand in February Keeps Denver Area Housing Inventory Tight
Strong demand for Denver homes for sale during February pushed inventory levels to record lows, according to REcolorado, Colorado’s largest MLS.
After an uptick in January, inventory of available homes for sale in the Denver Metro area dipped despite a strong influx of new listings coming on the market. The month ended with 4,968 listings of homes for sale, six percent lower than last month and two percent lower than February 2015. During February, sellers added 4,639 new listings of homes for sale, an increase of 12 percent as compared to last month … (0 comments)
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denver real estate: What To Look For in A Good Denver Investment Property?
- 03/03/16 08:21 AM
Buying a residential investment property in Denver can be a very fruitful endeavor. While it can be tempting to leap at the first reasonable opportunity, taking the time to consider your potential investment from all angles will help you steer toward a better and more profitable experience. Here are a few factors to consider.
Location and Amenities
This can be one of the biggest make-or-breaks of your whole investment. When evaluating a property, investigate the surrounding area. Good schools, low crime rates, and easy access to shopping centers, public transportation, and major places of employment make a neighborhood attractive to a wide cross-section … (0 comments)
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denver real estate: 2016 Starts Strong for the Metro Denver Housing Market
- 02/25/16 09:19 AM
Following a record year for the Denver area real estate market, 2016 started strong. January’s indicators showed sizable increases in the number of new listings that came on the market, an indication that sellers are looking to get a jump on the selling season and take advantage of what continues to be a seller’s market. January saw 4,148 new listings of homes for sale, a 63 percent increase over last month and three percent more than last year. These new listings were snapped up quickly by eager buyers.
Indicative of the competitive housing market, sellers continued to see extremely quick sales cycles. The average … (1 comments)
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denver real estate: Trends That Will Influence The Denver Real Estate Market in 2016
- 02/05/16 09:24 AM
Real Estate economists shared their insights, figuring out what lies ahead in the real estate industry and it seems that this year’s real estate industry will be a promising year for economic and industry advancement. Homebuyers should familiarize themselves with the trends that will have an impact and will influence the real estate market this year.
Sales of existing homes are expected to grow moderately this year. According to Chief economist of the National Association of Realtors, Lawrence Yun, there will be a continued growth of housing demand as sales activity will once again be driven by the increasing amount of sellers, … (0 comments)
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