Zombie Foreclosure

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Archives for December 2015

Zombie Foreclosure

Zombie foreclosures plague neighborhoods in some cities, but not in Denver. Out of the 1.6 million residential properties in Colorado, only 85 are considered to be zombie foreclosures. What is a zombie foreclosure? It means the home is vacant, the legal process has started, but the bank has not yet repossessed the home. Nationally, about 20,000 U.S. […]

The Opportunity to Invest is Here

Don’t forget that Denver’s residential real estate prices this year have outpaced most of the rest of the country and we anticipate that market trend to continue. Now, according to a new study done by BiggerPockets, Denver ranks second in the nation when it comes to providing the best returns on residential real estate. If you’re looking […]

A Look Back at 2015

In 2015, we saw the average monthly inventory decrease and the average home price increase. This has been a trend for the past couple years. Here are some statistics for 2014 and 2015 in a few selected areas: INVENTORY 2014 Average Inventory 2015 Average Inventory Percentage Decrease Denver 1,698 1,922 22% Jefferson 1,405 1,252 11% […]

Smallest Home Value Decline in the Nation

According to a new report by Zillow, only 1.5 percent of Denver homes lost value last year, which was the smallest decline in home value in the nation. Nearly 28 percent of all U.S. homes lost value last year. Zillow estimates that home values in Denver have risen more than 16 percent in the past year, compared […]

To speak with one of our brokers – Call 303-526-7400.

ALARIS Properties LLC, 25958 Genesee Trail Rd, Golden, CO 80401

Email us: info@alarisproperties.com

Text to: 303-907-7668