We hope that you are enjoying the onset of spring despite the fact that the weather hasn’t been very “springish” lately. There are many interesting developments across the Denver real estate market this month. Here are a few of the highlights: The number of Denver-area homes and condos put under contract (4,749) in April was … Continue reading Denver Real Estate Update – May 2011
If you are still on the fence about buying a home in today’s Denver real estate market, here is news that may cause you to leap off the fence and into a new home this spring. Rate trend is towards higher rates even with all the uncertainty. The 30-year rate is averaging 5.0%, 15 … Continue reading Fence Sitting in Denver?
Is the Denver real estate market a trend setter, or simply following national trends? We believe a trend setter! For months, TeamCox Realtors has been reporting that the Denver real estate market is on the rebound and now there is now evidence that the national housing market is following suit. In 2006, Denver led the … Continue reading Denver Real Estate Market is a Trend Setter!
As the summer winds down, there is good news and bad news for the Denver real estate market. Let’s get the bad news out of the way first. The Denver housing market continues to feel the hangover effect from the homebuyer tax credit that expired at the end of April. The number of homes sold … Continue reading Denver Real Estate Update – August 2010
Is it time to move up or move on? We never dreamed that interest rates would reach 4.50% for qualified buyers with secure jobs and a good down payment. This is an historic opportunity for families to take advantage of a combination of low housing prices and low interest rates. In a few years, buyers … Continue reading Is Now the Time to Invest in a Denver Home?
The monthly S&P/Case-Shiller Home Prices Index was released today and Denver home prices continue to lead the pack, rising a whopping 2.5 percent from May to June. National home prices have also finally stabalized and are even slightly rising in some places. This is raising hopes that the national real estate slump is coming to an … Continue reading Denver Home Prices on the Rise
The closely-analyzed S&P/Case-Shiller Home Prices Index revealed more good news regarding Denver home prices today - they rose 1.3 percent from April to May, which is an increase for the third consecutive month. Denver home prices also had the second-lowest year-over-year price decline of the 20 cities included in the report. There is also good news on the … Continue reading Denver Home Prices Continue to Increase
How is the Denver real estate market faring this summer? It really depends on the price range that you are looking at – the lower end is much more robust than the higher end. We are optimistic about the Denver housing market, especially for homes priced to receive offers at the maximum FHA loan limit of … Continue reading Price Range is Currently a Major Factor in the Denver Real Estate Market
The Today Show reported some great news on the Denver real estate market on Tuesday’s show. Barbara Corcoran, a renowned real estate expert, singled Denver out as the, “No. 1 city on the verge of recovery from the real estate slump.” Corcoran said that she selected the Denver real estate market because its foreclosure rate … Continue reading Denver Tops Today Show’s List of Cities to Emerge from the Real Estate Slump First!
TeamCox Realtors has noticed a significant trend emerging over the past few months – First-time homebuyers are dominating the Denver real estate market. This hunch was substantiated by recent statistics from Metrolist and by a 7News story that ran last week, revealing that over 58 percent of April Denver-area home sales were priced between $110,000 … Continue reading First-Time Homebuyers Driving Denver Real Estate Market