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 26, 2015 | Blog, Housing Analysis, Moving, Rankings
Denver was ranked 6th on Urban Land Institute’s annual list of “markets to watch” for real estate trends. The annual report said that 2016 will be the year of secondary and tertiary markets, a category which Denver fits into. Secondary and tertiary markets refer...
by Jon Terry | Nov 23, 2015 | Blog, Housing Analysis, Statistics
According to RealtyTrac, sellers in Denver County in the third quarter sold their homes for an average price gain of 41.5 percent over what they originally paid. Denver County is 6th in the country for highest percentage sales gains. Nationally, homeowners who sold...
by Jon Terry | Nov 19, 2015 | Blog, Colorado Living, Housing Analysis, Statistics
The Denver housing market remains among the hottest in the country. Here are some key recent statistics: 1. The average price of a single-family house in metro Denver climbed another 11 percent year-over-year in September to $398,591. 2. The number of...
by Jon Terry | Nov 17, 2015 | Blog, Colorado Living, Foreclosure, Housing Analysis, Rankings, Statistics
According to RealtyTrac’s latest Foreclosure Market Report for Colorado, one in every 733 houses are in foreclosure, a 15 percent decrease from the same time last year. Colorado had a 17 percent decrease in the number of foreclosure filings (the first stage of...
by Jon Terry | Oct 30, 2015 | Blog, Construction/Maintenance, Housing Analysis, Investments, The Economy
The Housing Market Index, which is based on a survey by the National Association of Home Builders, recently rose 1 point to 61, its highest level since November 2005. This Index is used by builders to determine when they should be building new homes. Given the...
