by Jon Terry | Apr 8, 2013 | Buying A Home, Colorado Living, Housing Analysis, Selling a Home, The Economy
A market runs on the principle of supply and demand, and the demand this year is slowly increasing. Average sale prices are up and this trend is expected to continue throughout the summer. Right now, everyone acknowledges that inventory is low and demand is high. Look...
by Jon Terry | Dec 3, 2012 | Colorado Living, Housing Analysis
Changing demographics are reigniting a hunger for community. For this and other reasons, pocket neighborhoods have a huge potentiality to increase. Pocket neighborhoods represent a pattern of housing that fosters a strong sense of community among nearby neighbors,...
by Jon Terry | Aug 24, 2012 | Blog, Housing Analysis
Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking. Earlier this week, the National Association of Home Builders reported the Home...
by Jon Terry | Jul 27, 2012 | Blog, Housing Analysis
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm. According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million units in June 2012 on a seasonally-adjusted annualized basis. This is...
by Jon Terry | Jul 3, 2012 | Blog, Housing Analysis
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis. April marks the third consecutive month during which home values increased and the index is now up 3 percent from last year at this...
by Jon Terry | May 16, 2012 | Blog, Housing Analysis
Homebuilder Confidence is on the rise once again. After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29. The increase marks the sharpest climb in homebuilder confidence on a month-to-month...