by Jon Terry | Sep 14, 2015 | Blog, Colorado Living, Green Home Tips, Home Owner Energy Tips, Housing Analysis, Rankings
Area Development magazine rates Denver the best metro area in the nation for economic development and jobs. Three other Colorado cities placed in the top 20. The 2015 “Leading Locations” report compares 375 U.S. metro statistical areas on creating jobs and...
by Jon Terry | Aug 20, 2015 | Blog, Housing Analysis, Selling a Home
This question comes up in every real estate transaction. Sellers want to know at what price to list and buyers want to know the right price to offer. We see many variables that must be considered in order to guide clients to make these determinations. Sellers and...
by Jon Terry | Jul 20, 2015 | Blog, Buying A Home, Housing Analysis, Rankings, Residential Real Estate, Statistics, The Economy
According to a recent ranking from realtor.com, Metro Denver is the hottest home-buying market in the country. We believe it. It seems that, when we submit an offer for a client in the Denver market, we are almost always competing with multiple offers. Realtor.com...
by Jon Terry | Jul 15, 2015 | Apartment, Blog, Buying A Home, Colorado Living, Housing Analysis, Personal Finance, Real Estate Definitions, Residential Real Estate, The Economy
Is it better to buy or rent a home in the Denver market right now? According to a recent study by the Beracha, Hardin & Johnson Buy vs. Rent Index, Denver is in rent territory, which means that property pricing is out-pacing rents. At the same time, depending on...
by Jon Terry | Jun 30, 2015 | Blog, Buying A Home, Housing Analysis, Rankings, Statistics, The Economy
Competition in the market has driven prices up. According to the latest data from REcolorado, the average sales price for a single-family detached home in metro Denver climbed to $402,302 in April. Average detached home prices in the area have never topped $400,000....
by Jon Terry | Jun 22, 2015 | Blog, Housing Analysis, Residential Real Estate, Statistics, The Economy
The pace of construction started on new U.S. homes in April jumped 20 percent, which is the highest number seen in over seven years. According to the Census Bureau, the annual pace of permits for new construction, a sign of future demand, sprang up 10.1%, the highest...