by Jon Terry | Jul 14, 2013 | Blog, Buying A Home, Luxury, Luxury Homes, Selling a Home, Statistics, The Economy
Home prices in metro Denver saw double-digit percentage price increases in May, which was the sixteenth month in a row that metro Denver home sale prices saw a year-over-year increase. The luxury market continues to soar as well, with high-priced homes in metro Denver...
by Jon Terry | Jun 10, 2013 | Blog, Buying A Home, Colorado Living, Luxury, Luxury Homes, Selling a Home, Statistics, The Economy
The spring of 2013 has delivered a real estate market primed for eager buyers. Homes with a price tag of more than $1 million sold at more than twice the rate they did a year ago. These luxury homes were on the market an average of 120.7 days, down from the 133-day...
by Jon Terry | Jun 6, 2013 | Blog, Colorado Living, Statistics, The Economy
Every year following a decennial census, the US Census Bureau releases its county population estimates for July 1 of the preceding year. For the fourth time in the past five years, Denver County has led the state in population growth. The Mile High City is No. 11 on...
by Jon Terry | May 29, 2013 | Apartment, Blog, Colorado Living, The Economy
Apartment developers will finish about 4,200 units in metro Denver before 2013 is over, with most of those being built downtown. “So much of this is driven by employment right now,” said Ryan McMaken, an economist with the Colorado Division of Housing. “Vacancy tends...
by Jon Terry | May 22, 2013 | Blog, Colorado Living, Foreclosure, The Economy
“The decline in foreclosures has been a statewide phenomenon so far this year,” said McMaken, an economist with the Colorado Division of Housing. Both foreclosure filing totals and foreclosure auction sales totals were the lowest quarterly totals collected...
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...
