Is it better to buy or rent a home in the Denver market right now? According to a recent study by the Beracha, Hardin & Johnson Buy vs. Rent Index, Denver is in rent territory, which means that property pricing is out-pacing rents. At the same time, depending on your tax situation, credit score, amount […]
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Denver in Rent Territory
Filed Under: Apartment, Blog, Buying A Home, Colorado Living, Housing Analysis, Personal Finance, Real Estate Definitions, Residential Real Estate, The Economy Tagged With: Rent Index, Rent or Buy
Millennials: Priced Out of Home Ownership
Denver has been ceaselessly trying to lure millennials with projects like the Regional Transportation District’s rail system and transit-oriented developments. Why? Millennials now outnumber Baby Boomers. Also, Millenials are the most diverse population group. According to a new analysis by Bloomberg Business, there’s a big problem. Because of skyrocketing home/apartment prices and wage stagnation, millennials […]
Filed Under: Blog, Buying A Home, Colorado Living, Personal Finance, Rankings, Residential Real Estate, The Economy Tagged With: millennials, Owning a Home
Continued Price Appreciation
Competition in the market has driven prices up. According to the latest data from REcolorado, the average sales price for a single-family detached home in metro Denver climbed to $402,302 in April. Average detached home prices in the area have never topped $400,000. This new average is 11 percent higher from April 2014 and 2 […]
Filed Under: Blog, Buying A Home, Housing Analysis, Rankings, Statistics, The Economy Tagged With: Home Prices, price appreciation
Job Seeking Millennials
For those who are determined to live here anyway, there is hope. A new NerdWallet study analyzed the best places for millennial job seekers in Colorado, and found that jobs are plentiful across multiple sectors. The financial website ranked 10 Colorado cities as the best for millennials seeking a job: Evans Englewood Golden Louisville Boulder […]
Filed Under: Apartment, Blog, Buying A Home, Colorado Living, Personal Finance, Residential Real Estate Tagged With: Affordable Housing, Jobs, millennials
Time to Hire a Realtor®: The Questions to Ask
“Selling your home is a big deal – so while it may be tempting to go with the first word-of-mouth recommendation you get, when it comes to choosing a real estate agent, it pays to do a bit more research… To make an informed choice, ask friends and neighbors for personal recommendations, but also take […]
Filed Under: Blog, Buying A Home, Selling a Home Tagged With: realtor
Thinking of an HOA?
If you’re looking to buy a condo or a townhome, be prepared to pay for the HOA that comes along with it. A Homeowners Association is an organization in a subdivision, planned community, or condominium that makes and enforces rules for the properties in its jurisdiction. If you’re thinking of buying a property that has […]
Filed Under: Blog, Buying A Home Tagged With: HOA
Colorado Parents Support Green Measures in Schools
A small study by the U.S. Green Building Council polled parents of students enrolled in Colorado public elementary schools, kindergarten, and pre-kindergarten programs to see where they stood on green measures being introduced to schools. the survey found overwhelming support for everything from improving air quality in schools to including local grown fruit and vegetables […]
Filed Under: Blog, Buying A Home Tagged With: Schools
It’s all about Lifestyle
At Alaris, we have been working with many new buyers and sellers, and we have been asked to share some of our advice for those buying and selling in this real estate market. What we have come to understand is that, as much as the condition and appearance, what sells a home is the lifestyle […]
Filed Under: Blog, Buying A Home, Selling a Home Tagged With: Jon Terry Article
The Busy Summer Season Has Ended
Despite low inventory, September remained a strong selling season, particularly in the condo and townhome market. Many key real estate metrics for metro Denver decreased in September, demonstrating a slowing down in the market as the busy summer season came to an end. According to the latest data from Metrolist, average sales prices in the […]
Filed Under: Blog, Buying A Home Tagged With: Inventory
Negative Equity Rates Falling
Zillow’s most recent report states that the percentage of homes with negative equity in metro Denver fell to 9.7 percent in the second quarter of 2014, a substantial drop from the second quarter of 2013, when the negative equity rate in the area was 15.3 percent. Metro Denver’s negative equity rate has fallen 70 percent […]
Filed Under: Blog, Buying A Home, Credit Tagged With: Equity
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