According to the National Association of Realtors®, existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month. Total existing-home sales, which are completed transaction that include single-family homes, townhomes, condominiums, and co-ops, fell 4.9 percent to a seasonally adjusted […]
Where is the Most Expensive Home Market in Colorado?
February 16, 2015 by Leave a Comment
Aspen and Vail might be thought of as some of the most expensive home markets in Colorado, however, according to a recent analysis, Boulder is at the top of the list. Aspen actually didn’t even make the list because the study considered what it would cost to buy a four-bedroom, two-bath house. Neither Aspen nor […]
Tips for Condo Sellers
February 12, 2015 by Leave a Comment
With record-high lease rates for apartments, demand for existing condos has never been greater. We have seen an explosion of new projects all across Denver, and the need for more is growing. In fact, demand is so great that brokers are sending out fliers to condo owners seeking willing sellers, which means the current Denver […]
The Question of Senior Housing
February 9, 2015 by Leave a Comment
America’s older population may have difficulty finding housing as they age. The Harvard Joint Center for Housing Studies and the American Association for Retired Persons Foundation recently published “Housing America’s Older Adults – Meeting the Needs of An Aging Population,” which shows that, nationwide, one-third of adults over age 50, and 37 percent of people […]
Solar*Connect Shut Down
February 6, 2015 by Leave a Comment
Solar*Connect (XCEL’s solar power program that would have allowed customers to pay a premium on their monthly utility bills to support solar energy) has officially been shut down by Colorado utility regulators. The utility planned to allow customers to buy blocks of solar power equal to a percentage of their monthly power usage, from 25 […]
Rent Will Continue to Rise in 2015
February 4, 2015 by Leave a Comment
A recent Zillow report reflects the increase in rental prices in metro Denver, and found that renters paid $474 million more in 2014 for leases. Renters in the Mile High City and surrounding cities paid $4.9 billion in rent, up from $4.5 billion in 2013, a 10.8 percent increase. Denver’s rental hikes were among the […]
People Flocking to Colorado
February 2, 2015 by 1 Comment
According to the 2014 Allied Van Lines Magnet States Report, in 2014, Colorado ranked No. 5 among states that had more people moving in than out. The report is based on people who use Westmont, Illinois-based Allied Van Lines as a moving service. It found that although 2,011 people left the state, 2,485 moved in, […]
Zillow Predicts Housing Values will Continue to Increase
February 1, 2015 by 1 Comment
We just blogged about Colorado resale prices breaking records, and according to Zillow’s predictions in their May 2014 real estate market report, houses in the Denver metro area will continue to rise by 1.3 percent from May 2014 to May 2015. The median home value of $253,300 rose 8.3 percent in May 2014 from a […]
Highest Economic Output in the Nation
January 30, 2015 by Leave a Comment
According to a new report from Brookings Mountain West, the economic output of metro Denver grew more than any other city in the nation in the third quarter of 2014. The report compares metro areas on economic output, employment, and housing prices. Denver area’s output (the value of all goods and services produced locally) rose […]
Healthiest Places in America
January 29, 2015 by Leave a Comment
According to a joint study by the Trust for America’s Health and the Robert Wood Johnson Foundation, Colorado is the thinnest state in the nation, with 21.3 percent of residents classified as obese, a lower rate than any other state. However, does being the capital of a state with the thinnest residents in the country […]