Denver Area Real Estate and Economic News!

• Homes Sales Picking Up In Low-To Mid-Price Range May 14, 2012
  Some real estate agents believe the market hit rock bottom in December and has begun a slow climb upward.  The growth has been more dramatic in some price points, specifically in the $200,000 to $350,000 price range.  Realtor Jenny Tempas said buyers have to act fast if they want to get their dream home, because […]
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• Mortgage rates fall to new lows again May 10, 2012
  Average rates for 30-year and 15-year fixed mortgages fell to fresh lows this week.  Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.  The average rate on 30-year loans ticked down to 3.83%.  The 15-year mortgage dropped to an average 3.05%, also a record. Read article – […]
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• CoreLogic reports higher home prices in Denver area May 8, 2012
  Home prices in metro Denver continued the climb upwards in March, beating both the state and national numbers, according to the most recent home price index (HPI) report from CoreLogic released Tuesday.  In the Denver-Aurora-Broomfield area, the HPI increased by 3.5% from March 2011.  That index included sales of distressed properties.  That HPI also showed […]
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• Low-ball Offers a Thing of the Past? April 25, 2012
  According to a NAR survey this March of 4,500 agents and brokers, no REALTORS® complained about low-ball offers.  The main problem nowadays: The sudden drop in inventory of for-sale homes has led to fewer homes available to sell.  For home buyers who still think they have a chance of hitting it lucky with a low-ball […]
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• Denver: #2 hottest housing market in the country April 20, 2012
  Denver may be the exception to the downturn in the real estate market.  A recent report puts the Mile High City at #2 in the nation for the short length of time a house stays on the market.  It’s great news for sellers, but buyers say there’s no time to wait if they find a […]
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• Denver Housing Market Favoring Sellers April 19, 2012
  Metro Denver’s real estate market, not along ago a buyer’s domain, suddenly has shifted to a seller’s paradise, at least in some neighborhoods and price ranges.  Realtors’ offices are rife with fresh anecdotes of sellers happily cherry-picking from multiple offers – some of them above asking price.  A new report shows that Denver is #2 […]
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• 10 home maintenance tips for spring April 10, 2012
  When was the last time you checked your foundation vents? By Paul Bianchina Inman News® The sun is peeking out and the plants are starting to blossom, so it must be about time for spring chores again. Here’s my annual spring checklist of important issues to tend to around the house. 1. Roofing repairs: If you […]
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• Home-sales Numbers for Denver area Shows Lots of Upward Movement April 9, 2012
  One word describes real estate analyst Gary Bauer’s metro Denver home sales report for March: “up.”  Inventory is up. Activity is up, with more sales and more contracts being written. And prices are up.  “On a percentage change basis, for March’s month-over-month, this is the second best report in all the records that I have […]
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• Expectations rising for housing market’s spring season April 2, 2012
  The spring home-selling season could be the strongest in years and may foreshadow which markets will lead the housing industry in recovery, economists say.  Denver prices rose 0.2% in January year-over-year, the Standard & Poor’s Case-Shiller index shows. Of 20 cities, only Denver, Phoenix and Detroit posted annual gains, S&P says. While last year wa […]
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• Luxury home market improves in Denver March 19, 2012
  Denver Business Journal by Dennis Huspeni, Reporter Metro Denver’s luxury home market improved slightly in February from the same month last year, but the low inventory of homes might be hurting the market as the spring buying season nears, according to the report Coldwell Banker Residential Brokerage    released Friday. Thirty-one homes, with a selling pric […]
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