by Jon Terry | Sep 22, 2015 | Blog, Buying A Home, Colorado Living, Residential Real Estate, The Economy
According to a recent report by Zillow, Denver has 16.6 percent less homes for sale today than in 2014. In the lowest-priced homes category, that percentage is even higher at 38.7 percent. Zillow also reported that nationally, rents rose in the second quarter by 4.3...
by Jon Terry | Aug 28, 2015 | Around The Home, Blog, Buying A Home, Construction/Maintenance, Rankings, Residential Real Estate
When compared nationally, the hidden costs of owning a home in Denver are relatively low. Hidden costs are annual costs like homeowners insurance, property taxes, utilities, as well as outsourced maintenance costs, such as yard care and carpet cleaning. According to a...
by Jon Terry | Aug 24, 2015 | Blog, Colorado Living, Rankings, Residential Real Estate, Selling a Home, The Economy
According to a new report by Redfin, Denver has the fastest selling homes in the country. This means that half of Denver’s new homes sell in six days or less. Redfin reported Denver’s six-day sales topped all other surveyed markets, including Seattle (nine days...
by Jon Terry | Jul 23, 2015 | Blog, Business Savvy, Buying A Home, Foreclosure, Residential Real Estate
According to a report from RealtyTrac, foreclosures in Denver, Aurora, and Lakewood are down 3.13 percent in the first half of 2015 compared to the first half of 2014. Downside: fewer foreclosures could make it tougher for home buyers to find a home in the...
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...