by Jon Terry | Jun 18, 2015 | Blog, Housing Analysis, Residential Real Estate, Selling a Home, Statistics, The Economy
According to the National Association of Realtors, despite properties typically selling faster than at any time since July 2013, existing home sales dropped 3.3 percent in April. That is likely only because we do not have enough existing inventory of homes for sale....
by Jon Terry | Apr 13, 2015 | Blog, Housing Analysis
The average price of a home in metro Denver increased to $390,067 in February, up from $326,958 in February 2014. According to the latest data from the Denver Metro Association of Realtors®, the increase of 19 percent year-over-year includes both single-family houses...
by Jon Terry | Feb 24, 2015 | Blog, Housing Analysis
Welcome to one of the most dynamic real estate markets we have seen in a long time. Homes go on the market and we oftentimes see offers within hours. Buyers make offers on homes only to discover they are competing with several other buyers. For sellers, the question...
by Jon Terry | Feb 19, 2015 | Blog, Housing Analysis
According to the National Association of Realtors®, existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month. Total existing-home sales, which are completed transaction that...
by Jon Terry | Oct 24, 2014 | Blog, Housing Analysis, Rankings, Residential Real Estate
According to a new report from Zillow, Denver is the fifth best market for sellers of homes in the nation. Within metro Denver, Evergreen is the top buyers’ market. Top sellers’ markets are not necessarily those where home values are rising, but instead...
by Jon Terry | Aug 21, 2014 | Blog, Buying A Home, Housing Analysis
Inventory remains low and demand remains high. This translates into prices going up and creates opportunities for sellers. Of course, it can be frustrating for buyers; however, if everyone understands the market, then one can create win/win scenarios. At Alaris...