The New Year is often the best time to start new ventures. If one of your resolutions this year is to sell your home or property, here are some market shifts you will want to be aware of before contacting a listing agent. Analysts see a recession occurring in 2017 According to Yahoo Finance, […]
2016: A Good Year for Job Seekers
February 8, 2016 by Leave a Comment
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 […]
The Opportunity to Invest is Here
December 14, 2015 by Leave a Comment
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 […]
Third Quarter Update
November 23, 2015 by Leave a Comment
According to RealtyTrac, sellers in Denver County in the third quarter sold their homes for an average price gain of 41.5 percent over what they originally paid. Denver County is 6th in the country for highest percentage sales gains. Nationally, homeowners who sold during the third quarter saw an average price gain of 17 percent from the […]
Key Statistics
November 19, 2015 by Leave a Comment
The Denver housing market remains among the hottest in the country. Here are some key recent statistics: 1. The average price of a single-family house in metro Denver climbed another 11 percent year-over-year in September to $398,591. 2. The number of single-family houses sold in September was 3,509, a 0.11 percent decrease from the same month in the […]
Foreclosures: Colorado Contrasting the Nation
November 17, 2015 by Leave a Comment
According to RealtyTrac’s latest Foreclosure Market Report for Colorado, one in every 733 houses are in foreclosure, a 15 percent decrease from the same time last year. Colorado had a 17 percent decrease in the number of foreclosure filings (the first stage of the foreclosure process) from the second quarter of 2015 and a 15 percent decrease […]
Denver’s Economic Growth
November 12, 2015 by Leave a Comment
According to a new report by the federal Bureau of Economic Analysis, Denver’s economy grew at a pace of 6.5 percent last year, which is nearly triple the average rate of the nation’s metro areas. The Denver metro area (including Aurora and Lakewood) had a gross domestic product (GDP), which measures the total output of goods and services […]
Millennials Outnumber Baby Boomers
September 30, 2015 by Leave a Comment
According to the U.S. Census Bureau, Millennials outnumber Baby Boomers for the first time. Nationally, the number of millennials totals 83.1 million, representing more than a quarter of the nation’s population. Baby Boomers represent 75.4 million. In Colorado, millennials (ages 20 to 34) number 1,107,469, compared to Baby Boomers (ages 55-74) which number 958,289. […]