“The decline in foreclosures has been a statewide phenomenon so far this year,” said McMaken, an economist with the Colorado Division of Housing. Both foreclosure filing totals and foreclosure auction sales totals were the lowest quarterly totals collected in any quarter since the Division of Housing began tracking quarterly totals in 2007. Foreclosure sales occur […]
Denver: One of the Best Cities for Young Adults
April 15, 2013 by 2 Comments
Here’s another piece of good news for the Denver area. More than 1.8 million U.S. students will be picking up bachelor’s degrees this May and moving on to the next phase of their lives. Where will they live and focus their job hunts? The latest statistics available show that, encouragingly, Denver ranks 9 out of […]
Is Denver Recovering?
January 5, 2013 by Leave a Comment
Denver ranks 36th among the nation’s 100 largest metro areas in the strength of its recovery from the economic downturn. The Brookings Metropolitan Policy Program’s “MetroMonitor” index of economic recovery compared the 100 cities on how far they have recovered from their lowest recession-period in employment, unemployment, economic output, and home prices. Brookings ranks Denver […]
2013 Should Be Interesting for the Housing Market
January 1, 2013 by Leave a Comment
It is a bit early in the year to predict what Metro Denver will likely see throughout 2013; however, we like what we are seeing at the moment. It is as it has always been, housing follows jobs. As a result, we will be watching the employment numbers as they roll in. Here’s to new […]
Revisiting Housing Market Predictions For 2012
August 1, 2012 by Leave a Comment
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
Single-Family Housing Starts Slip 0.2% In March
April 24, 2012 by Leave a Comment
In March, single-family Housing Starts were down 0.2% from the month prior, or just 1,000 units on a seasonally-adjusted, annualized basis.
Home Affordability Threatened By Friday’s Jobs Report
February 2, 2012 by Leave a Comment
It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.