by Jon Terry | Apr 17, 2013 | Buying A Home, Colorado Living, Housing Analysis, Selling a Home, Statistics, The Economy
The strength of the market showed itself yet again in March. The average days on the market plunged in March — a 35 percent decrease from March 2012. However, the average sold price statistic, $295,330, gives us the real story of the state of the housing market. This...
by Jon Terry | Feb 4, 2013 | Statistics
Forbes ranked the nation’s 100 largest metro areas. Denver came in 16th for 2012 on rates of growth of the local population, jobs, gross metropolitan product, and projected population growth. M.S.A. (Metropolitan Statistical Area): Denver-Aurora-Broomfield, CO 2012...
by Jon Terry | Jan 23, 2013 | Colorado Living, Statistics
Economists list three primary avenues for housing recovery: better market fundamentals, improved market composition, and more jobs. If job growth continues in 2013, housing should lead the way to economic recovery in Colorado. Here are a few encouraging stats from the...
by Jon Terry | Apr 24, 2012 | Blog, Housing Analysis, Statistics, The Economy
Tuesday, the government released its March 2012 New Residential Construction report. The report is made up of three sections, each related to a phase of the “new home” market. The report’s first part is Building Permits; the second is Housing...
by Jon Terry | Apr 7, 2012 | Blog, Buying A Home, Housing Analysis, Residential Real Estate, Statistics
The new construction housing market appears primed for growth this season. According to the Census Bureau, the number of single-family building permits issued in February rose to 472,000 on a seasonally-adjusted, annual basis, marking this the highest building permit...
by Jon Terry | Mar 30, 2012 | Blog, Buying A Home, Housing Analysis, Mortgage Rates, Mortgages, Residential Real Estate, Statistics
After a brief run-up two weeks ago, mortgage rates are back below 4 percent. It’s good news for home buyers and mortgage rate shoppers because, with lower mortgage rates, we can lower the amount of mortgage payments. According to Freddie Mac’s weekly...
