Fastest Selling Homes

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Fastest Selling Homes

According to a new report by Redfin, Denver has the fastest selling homes in the country. This means that half of Denver’s new homes sell in six days or less. Redfin reported Denver’s six-day sales topped all other surveyed markets, including Seattle (nine days or less), Portland (10 days or less), and Omaha (11 days […]

Fastest Job Growth Rates

The U.S. Bureau of Labor Statistics recently reported that two Colorado counties were among the three largest U.S. counties with the fastest job growth rate in 2014. On top of that, Colorado ranked No. 3 overall for the rate of job growth among states. Weld County topped the list for a second straight year and […]

Denver’s Rent Report Card

With rent constantly on the rise, the good news is that according to a new report from Apartment List, renters are extremely satisfied with the state of Colorado, as well as with the city of Denver. Colorado ranked 4th for renter confidence, receiving high marks for city satisfaction, and Denver ranked 15th out of the […]

Best Place for Business and Careers

In Forbes latest annual ranking, Denver is America’s best place for business and careers out of 200 cities. It’s the first time in the 17-year history of the Forbes’ ranking that Denver has hit the top spot. Denver ranked No. 4 on Forbes’ list last year. In 2013, Denver came in at No. 6. Other […]

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 […]

Denver in Rent Territory

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 […]

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 […]

Unemployment Rate Remains Consistently Low

According to the Colorado Department of Labor and Employment, Metro Denver’s unadjusted unemployment rate stood at 4.2 percent in April, down a bit from March’s 4.3 percent rate and well below the 5.2 percent rate in April 2014. The 4.2 percent unadjusted jobless rate is for a 10-county area that includes Denver, Aurora, Lakewood, Broomfield […]

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 […]

Housing Market Vitality

The pace of construction started on new U.S. homes in April jumped 20 percent, which is the highest number seen in over seven years. According to the Census Bureau, the annual pace of permits for new construction, a sign of future demand, sprang up 10.1%, the highest since 2008. Both numbers were higher than economists […]

To speak with one of our brokers – Call 303-526-7400.

ALARIS Properties LLC, 25958 Genesee Trail Rd, Golden, CO 80401

Email us: info@alarisproperties.com

Text to: 303-907-7668