Price Appreciation Still Outpacing Inventory

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Archives for 2016

Price Appreciation Still Outpacing Inventory

According to REcolorado, the rise of the inventory of homes in metro Denver has once again been outpaced by price appreciation. The number of active listings (including detached single-family houses, attached condominiums, and townhomes) increased by 6 percent to 6,954 in November, compared to 6,548 last November. The increase in available inventory is welcome news […]

A Record Breaking Year

Last year was a record-setting year for Denver residential real estate. According to data from the Denver Metro Association of Realtors, after 12 months of record prices, low inventory, and a fast sales pace, the residential real estate market in Denver ended 2015 with more than $20 billion in total sales. This number is a […]

2016: Foreclosures Continue to Drop

According to RealtyTrac’s latest market report, the number of foreclosure filings in November was down 8.71 percent from October, and down 20.1 percent from a year ago. There were 544 foreclosures in November and only 284 bank repossessions (1 out of every 2,652 houses in the state).   Foreclosure starts in November were also down […]

2016: A Good Year for Job Seekers

This new year should be a good year for job seekers. According to a new WalletHub report that analyzed 150 of the nation’s most populated cities for their job market and socioeconomic environment, Denver is in the top 15 best cities to find a job in 2016. Here were the categories look at: Job Opportunities […]

2015: Home Values and Rent Prices

Home values in Denver grew more quickly than anywhere else in the country for ten straight months. According to Zillow, home values in Denver have appreciated 15.5 percent over the past year, to a median estimated value of $318,000. REColorado, the local MLS, indicates that the median single family home value is $364,000 as of […]

Population Growth

According to a report from the Downtown Denver Partnership, the residential population of downtown Denver is approaching 73,000. Not only do 72,767 people live in downtown Denver, but 12,933 new residential units have been added to the area since 2011. The map below depicts various residential developments that have occurred downtown since 2011. Here are […]

Expect Lower Heating Bills This Winter Season

Natural gas prices nationwide are low, which means that XCEL’s customers in Colorado will be saving big on their heating bills.  In fact, XCEL recently confirmed that, for the second half of the current winter heating season, customers will see significantly lower bills.     Natural gas bills for the average residential customer are expected […]

Job Seekers

According to a new Forbes report, Denver is one of the few cities in the nation that has been good for job seekers in 2015. Denver ranked 8th, tied with San Diego and Portland. All three cities saw job growth increase 3.1 percent. Nationally, job growth is 2.2 percent, up 1.8 percent compared to 2014. […]

Best Place to Own a Home

  According to a new report by Redfin and porch.com, Denver is the best place in the country to own a home. The list is based on a survey of about 10,000 U.S. homeowners in 67 markets. It uses criteria such as healthy living, commute, climate, educational opportunity, economic opportunity, resident satisfaction, walkability, security and […]

Fewer Homeowners Underwater

According to statistics compiled by Zillow, the percentage of Denver homeowners underwater (owing more on their mortgage than their home is worth) fell to 5.5 percent in the latest quarter from 8.2 percent a year earlier. In September, it was reported that 6 percent of Denver homeowners were underwater in their mortgages. ​Only San Jose, […]

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

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