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 […]
Smallest Home Value Decline in the Nation
Leading the Nation in Positive Equity
Denver’s housing market is leading the nation in a variety of categories. Homes here sell faster than homes in any other market, the market leads the country in rising home prices, and the housing inventory here is as low as any other place in the country. In fact, according to a recent report by Zillow, […]
Recession Recovered City
Denver is at the top of many rankings for its business and economic climate, so it’s not too surprising to find it near the top of yet another. According to a new WalletHub report that compares 150 of the largest U.S. cities across 17 metrics in two categories, employment and earning opportunities and economic environment, Denver […]
Denver Has Less Homes in 2015
According to a recent report by Zillow, Denver has 16.6 percent less homes for sale today than in 2014. In the lowest-priced homes category, that percentage is even higher at 38.7 percent. Zillow also reported that nationally, rents rose in the second quarter by 4.3 percent in the past year. In Denver, however, rents jumped […]
Millennials Still Living with Parents
According to a new Pew Research Center analysis of U.S. Census Bureau, more millennials are living with their parents today than at the depth of the recession, despite an improved job market. The amount of young adults living in their parents’ homes has increased from 24 percent in 2010 to 26 percent in the first […]
Understanding Value
Value may be controlled by the market, but we understand that value. In previous articles, we have talked about how to value your home, how to command the highest price for your home, for buyers how to present winning offers, and how to negotiate contracts. We are here as valuable resources and trusted advisors. You […]
Hidden Home Ownership Costs
When compared nationally, the hidden costs of owning a home in Denver are relatively low. Hidden costs are annual costs like homeowners insurance, property taxes, utilities, as well as outsourced maintenance costs, such as yard care and carpet cleaning. According to a study conducted by Zillow, only Atlanta and Phoenix have cheaper annual hidden costs […]
Denver Signs Deal for New Solar Power Projects
Did you know that Denver was the first in the nation to be designated as a “Solar Friendly Community”? In the most recent solar news, Denver has signed a deal with SunShare LLC, a developer of community solar power projects, which will supply 400 kilowatts of solar power to 16 city facilities. This will cover about […]
A Robust Real Estate Market
According to a report from RealtyTrac, foreclosures in Denver, Aurora, and Lakewood are down 3.13 percent in the first half of 2015 compared to the first half of 2014. Downside: fewer foreclosures could make it tougher for home buyers to find a home in the already-tight Denver market Upside: a robust real estate market Foreclosure […]
Hottest Market in the Country
According to a recent ranking from realtor.com, Metro Denver is the hottest home-buying market in the country. We believe it. It seems that, when we submit an offer for a client in the Denver market, we are almost always competing with multiple offers. Realtor.com took the following factors into consideration when determining the ranking: supply […]
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