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2016: Foreclosures Continue to Drop

by Jon Terry | Feb 15, 2016 | Blog, Buying A Home, Buying in a Recession, Colorado Living, Foreclosure, Luxury Homes, Luxury Mountain Homes, Selling a Home

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...

Recession Recovered City

by Jon Terry | Oct 7, 2015 | Blog, Buying A Home, Buying in a Recession, Colorado Living, The Economy

Denver is at the top of many rankings for its business and economic climate, so it’s not too surprising to find it near the top of yet another. According to a new WalletHub report that compares 150 of the largest U.S. cities across 17 metrics in two categories,...

New Home Supplies Fall To An 18-Month Low

by Jon Terry | Dec 7, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, Statistics

If you plan to buy new construction in the Denver area sometime in 2012, don’t expect today’s low prices.  Like everything in housing of late, the market for newly-built homes appears to be stabilizing and, in some markets, improving. As foreshadowed by...

Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September

by Jon Terry | Nov 30, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, The Economy

Standard & Poor’s released its September 2011 Case-Shiller Index this week.  The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide. As compared to...

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

by Jon Terry | Nov 17, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, Statistics

Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It’s the second straight month that the HMI posted a 3-point gain, catapulting...

Pending Home Sales Index Slips For 4th Straight Month

by Jon Terry | Oct 28, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, The Economy

Nationwide, fewer homes are going under contract to sell. According to the National Association of REALTORS®, the Pending Home Sales Index fell 5 percent last month. September marks the fourth consecutive month in which the index has dropped.  The Pending Home Sales...
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