There is good news and bad news for the Denver real estate market this summer. We’ll start with the bad news first. Denver home sales stalled following the expiration of the homebuyer tax credits at the end of April, resulting in a 31 percent decrease in properties under contract for sale in June 2010 from June … Continue reading Denver Real Estate Update – July 2010
There was more good news for the Denver housing market last week. According to the recently-released S&P/Case-Shiller Home Prices Indices, for the six month in a row, Denver home prices increased year-to-year. The closely-analyzed report indicated a 4.4 percent increase from April 2009 to April 2010. This is the tenth best showing in the country. … Continue reading Denver Home Prices Rise Again
Denver Named “Most Improved Housing Market” There is more good news for the Denver real estate market. Denver has been named the “most improved housing market” in the country by Businessweek. The report cited a 5.8 percent increase in Denver home prices from the first quarter 2009 to the first quarter 2010, and projects a … Continue reading Denver Named “Most Improved Housing Market”
Summer in Colorado is finally here, but is the Denver real estate market heating up with the weather? According to recent Metrolist statistics, the expired homebuyer tax credit continued to boost the Denver housing market in May, as completed sales of homes and condominiums increased a whopping 20 percent from last year. The bad news? … Continue reading Denver Real Estate Update – June 2010
The federal homebuyer tax credits that expired at the end of April caused a frenzy of sales activity throughout the Denver metro area last month. According to recent Metrolist statistics, the largest number of Denver-area homes (6,616) was put under in any April since the mid-1980s. This is a 27 percent increase from April 2009, … Continue reading Denver Real Estate Update – May 2010
There was more good news for the Denver housing market this week! Denver home prices continued to stack up well against other major cities in the recently-released S&P/Case-Shiller Home Prices Indices. The report indicated a 3.6 percent increase from February 2009 to February 2010. This sharp percentage increase – for the fourth consecutive month - was … Continue reading Denver Home Prices on the Rise
The deadline is looming to take advantage of the once-in-a-lifetime homebuyer tax credits! The deadline is April 30th for Denver first-time homebuyers to go under contract (to qualify for the $8,000 tax credit) and for move-up buyers to qualify for the $6,500 credit, which is less than three weeks away! It is evident from the Denver housing market’s March statistics … Continue reading First-Time Homebuyers Driving Denver Real Estate Market
There is more good news for the Denver real estate market! Denver home prices stacked up well against other major cities in the recently-released S&P/Case-Shiller Home Prices Indices. The report indicated a 2.6 percent increase from January 2009 to January 2010. This sharp percentage increase was enough for Denver to have the 6th highest year-to-year … Continue reading Denver Homes Prices Rise from Last Year
Which Price Point is Selling in the Denver-area? According to a recent article in the Denver Business Journal, Denver County had more sales (7,482 closed sales) of single-family homes in 2009 than any other Denver-area county. What sold in Denver County last year? Over one-third of Denver County’s sold homes were considered “affordable homes,” priced … Continue reading Home Prices in the Denver Real Estate Market
There is good news for the Denver real estate market. The closely-watched S&P/Case-Shiller Home Prices Index was released last week, and for the first time since November 2006, home prices in the Denver area posted a year-over-year increase. Denver was only one out of four cities that had a year-over-year increase in home prices, rising … Continue reading Denver Home Prices Post Year-Over-Year Increase