The National Association of Realtors® has identified Denver as one of the top 10 best markets in the country for millennial homebuyers. The association analyzed current housing conditions, job creation and population trends in metropolitan statistical areas across the U.S. to find the best areas for young homebuyers. Austin, Texas and Salt Lake City, Utah […]
Colorado’s Employment Outlook to Improve
August 15, 2014 by Leave a Comment
The Quarterly Business and Economic Indicators Report (which can be downloaded as a PDF here) was released Friday by the Secretary of State Scott Gessler and reports that Colorado’s employment outlook is expected to improve during the last half of this year. Here are some key numbers: 24,601 new businesses filed in the second quarter, […]
2014: Recovering from the Recovery
February 17, 2014 by Leave a Comment
Here are 5 Projected Real Estate Trends for 2014: 1. Real estate recovery still hinges on job growth. Colorado has been ranked one of the best states for business, and economists list more jobs as a primary avenue for housing recovery. 2. Population will continue to play a role in how the recovery plays out […]
Positive Real Estate News
November 18, 2013 by Leave a Comment
Nationwide, home prices are at their highest level since May 2008. Statewide, Colorado prices are up 9.2% year over year. Home resale prices in the Denver Metro area rose 10.2% in September from the same month of 2012. Prices for Denver-area homes and condominiums were almost flat in October from a month earlier, but increased […]
End of Summer Statistics
August 26, 2013 by Leave a Comment
As we move into fall, take a look at these end of summer statistics: * There were 6,104 homes sold in metro Denver in July, up 32 percent from the same month last year; * The number of single-family homes and condos sold in July also was 10 percent higher than the 5,566 sold in […]
Pre-Recession Levels
August 2, 2013 by Leave a Comment
Denver home prices have officially risen to pre-recession levels with a 9 percent year-over-year increase during the second quarter. June brought 9,187 homes for sale, up from the 8,214 available in May, with sales increasing 3 percent from May and 7 percent from June 2012. It is true that interest rates have slightly increased, but […]
Housing Follows Jobs
July 31, 2013 by Leave a Comment
Colorado added about 52,400 jobs from May 2012 to May 2013, putting the state on track to have a higher-than-expected 2.5 percent job growth rate this year. Infrastructure, including work on the new DIA rail line and major projects on Interstate 225 and U.S. 36, is helping to lead Colorado’s recovery. The leisure and hospitality […]
Denver Makes It High on the List of the U.S. Census
June 6, 2013 by Leave a Comment
Every year following a decennial census, the US Census Bureau releases its county population estimates for July 1 of the preceding year. For the fourth time in the past five years, Denver County has led the state in population growth. The Mile High City is No. 11 on the Census Bureau’s ranking of the 15 […]