by Jon Terry | Jul 8, 2015 | Blog, Colorado Living, Statistics, The Economy
According to the Colorado Department of Labor and Employment, Metro Denver’s unadjusted unemployment rate stood at 4.2 percent in April, down a bit from March’s 4.3 percent rate and well below the 5.2 percent rate in April 2014. The 4.2 percent unadjusted...
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 26, 2015 | Blog, Colorado Living, Rankings, Statistics, Transit Oriented Development
Denver continues to invest in walkable, bike-friendly infrastructure, and has landed the No. 4 spot on Walk Score’s (an apartment listing company owned and operated by Redfin Corp.) new “Most Bikeable Cities 2018” ranking, which gave Denver a 71.3 bike...
by Jon Terry | Jun 24, 2015 | Blog, Colorado Living, Rankings, Statistics
According to the latest U.S. Census Bureau city population estimates, Denver is now the 21st most populous city in the United States, up from 22nd a year ago. As of July 1, 2014, the City & County of Denver had an estimated 663,862 residents, up from 648,401 in...
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...
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....