by Jon Terry | Dec 14, 2015 | Blog, Foreclosure
Zombie foreclosures plague neighborhoods in some cities, but not in Denver. Out of the 1.6 million residential properties in Colorado, only 85 are considered to be zombie foreclosures. What is a zombie foreclosure? It means the home is vacant, the legal process has...
by Jon Terry | Dec 14, 2015 | Blog, Residential Real Estate, Statistics
Don’t forget that Denver’s residential real estate prices this year have outpaced most of the rest of the country and we anticipate that market trend to continue. Now, according to a new study done by BiggerPockets, Denver ranks second in the nation when it...
by Jon Terry | Dec 10, 2015 | Blog, Buying A Home, Luxury Mountain Homes, Rankings, Selling a Home, Statistics, The Economy
In 2015, we saw the average monthly inventory decrease and the average home price increase. This has been a trend for the past couple years. Here are some statistics for 2014 and 2015 in a few selected areas: INVENTORY 2014 Average Inventory 2015 Average Inventory...
by Jon Terry | Dec 7, 2015 | Blog, Buying A Home, Housing Analysis
According to a new report by Zillow, only 1.5 percent of Denver homes lost value last year, which was the smallest decline in home value in the nation. Nearly 28 percent of all U.S. homes lost value last year. Zillow estimates that home values in Denver have risen...
by Jon Terry | Nov 30, 2015 | Blog, Colorado Living, Residential Real Estate
According to research conducted by All Property Management (a Seattlebased company that tracks rental housing real estate investment in 75 U.S. markets), Denver is the fourth best market in the country to own rental housing. Denver ranked high in categories such as...