alaris key update
Price Appreciation Still Outpacing Inventory
According to REcolorado, the rise of the inventory of homes in metro Denver has once again been outpaced by price appreciation. The number of active listings (including detached single-family houses, attached condominiums, and townhomes) increased by 6 percent to...
A Record Breaking Year
Last year was a record-setting year for Denver residential real estate. According to data from the Denver Metro Association of Realtors, after 12 months of record prices, low inventory, and a fast sales pace, the residential real estate market in Denver ended 2015...
2016: Foreclosures Continue to Drop
According to RealtyTrac’s latest market report, the number of foreclosure filings in November was down 8.71 percent from October, and down 20.1 percent from a year ago. There were 544 foreclosures in November and only 284 bank repossessions (1 out of every 2,652...
2016: A Good Year for Job Seekers
This new year should be a good year for job seekers. According to a new WalletHub report that analyzed 150 of the nation’s most populated cities for their job market and socioeconomic environment, Denver is in the top 15 best cities to find a job in 2016. Here were...
2015: Home Values and Rent Prices
Home values in Denver grew more quickly than anywhere else in the country for ten straight months. According to Zillow, home values in Denver have appreciated 15.5 percent over the past year, to a median estimated value of $318,000. REColorado, the local MLS,...
Population Growth
According to a report from the Downtown Denver Partnership, the residential population of downtown Denver is approaching 73,000. Not only do 72,767 people live in downtown Denver, but 12,933 new residential units have been added to the area since 2011. The map below...