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 | Nov 12, 2015 | Blog, Rankings, Statistics
According to a new report by the federal Bureau of Economic Analysis, Denver’s economy grew at a pace of 6.5 percent last year, which is nearly triple the average rate of the nation’s metro areas. The Denver metro area (including Aurora and Lakewood) had a...
by Jon Terry | Sep 30, 2015 | Blog, Statistics
According to the U.S. Census Bureau, Millennials outnumber Baby Boomers for the first time. Nationally, the number of millennials totals 83.1 million, representing more than a quarter of the nation’s population. Baby Boomers represent 75.4 million. In Colorado,...
by Jon Terry | Aug 12, 2015 | Apartment, Blog, Colorado Living, Statistics, Sustainability, The Economy
With rent constantly on the rise, the good news is that according to a new report from Apartment List, renters are extremely satisfied with the state of Colorado, as well as with the city of Denver. Colorado ranked 4th for renter confidence, receiving high marks for...
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...