by Jon Terry | Jan 7, 2016 | Blog, Buying A Home, Colorado Living, Housing Analysis
According to a new report by Redfin and porch.com, Denver is the best place in the country to own a home. The list is based on a survey of about 10,000 U.S. homeowners in 67 markets. It uses criteria such as healthy living, commute, climate, educational...
by Jon Terry | Jan 4, 2016 | Blog, Buying A Home, Housing Analysis
According to statistics compiled by Zillow, the percentage of Denver homeowners underwater (owing more on their mortgage than their home is worth) fell to 5.5 percent in the latest quarter from 8.2 percent a year earlier. In September, it was reported that 6 percent...
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...
