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
The Metro Denver Economic Development Corporation (Metro Denver EDC) recently released its 2010 Economic Forecast for Metro Denver and the news is encouraging. As we’ve reported numerous times during this recession, the report suggests that Metro Denver’s economy has fared better than many other regions throughout the recession. This can be attributed the region’s diverse … Continue reading 2010 Denver Economic Forecast is Encouraging
TeamCox Realtors would like to take this opportunity to wish you a Happy 2010! After the usual holiday greetings we have exchanged with our friends over the past few months, the next most common questions are , “how is the housing market?” or “are things getting better?” or “will our house sell if we put … Continue reading What is in Store for the Denver Real Estate Market in 2010?
People are moving to Colorful Colorado! The U.S. Census Bureau released updated population estimates last week, showing that Colorado’s population passed the 5 million mark this year, adding 90,000 residents. This is a 1.8 increase, which ranks fourth nationally. Wyoming, Utah, and Texas were the only states with a higher growth rate than Colorado. The … Continue reading Colorado’s Population Continues to Grow
Number of Denver homes under contract drops last month, while home prices rise There is good and bad news in November’s Denver real estate statistics that were released this week. It appears that entry level and move-up buyers had a sense of urgency to put homes under contract by the end of October, not expecting the … Continue reading Denver Real Estate Update – December 2009
Calling ALL Denver Homebuyers (Not Only the First-Timers)! You already own a home, and you may be longing for a new one. You’ve sadly watched as all of the recent incentives have gone to first-time homebuyers. Well, it’s your turn now – the newly expanded $6500 tax credit is all yours! There are several incentives that make … Continue reading Calling ALL Denver Homebuyers (Not Only the First-Timers)!
We are always on the lookout for positive news regarding the Denver real estate market. Our partners at Land Title regularly put out newsletter entitled, “Positive Perspective,” that I thought I would share with you. This edition highlights a few things that we’ve already addressed, including the homebuyer tax credit being extended. It also has … Continue reading Positive Perspective on the Denver Real Estate Market
Good News for Denver First-time Homebuyers AND for Denver Move-Up Buyers! There is more good news today for the Denver housing market. Congress has voted to extend the current tax credit for first-time homebuyers, along with expand it to include buyers who already own their homes. First-time Denver homebuyers, including anyone who hasn’t owned a … Continue reading First-time Homebuyer Tax Credit Expanded to Include Move-Up Buyers
There is good news for the Denver real estate market this week. According to RealtyTrac Inc., Denver-area foreclosure filings decreased 1.6 percent in the third quarter of last year. There were 9,235 Denver-area properties that were in some stage of the foreclosure process in the third quarter, which equates to one per every 113 households. … Continue reading Denver-Area Foreclosures Decline from Last Year
As summer turns to fall, everyone is wondering how the Denver real estate market is faring. Metrolist released its August statistics this week, revealing that the Denver real estate market has definitely stabilized over the past few months. While the year-over-year picture still isn’t pretty (single-family and condo sales dropped 14 percent from August of … Continue reading Denver Real Estate Update – September 2009