Real estate sales increased in December 2015 with closings on 4,436 homes in the Denver metro area and surrounding area – a 31% increase over November 2015, according to REcolorado, Colorado’s largest multiple listing service and the provider of REcolorado.com. Of the closings, 3,174 involved single family detached homes and 1,262 were condos/townhomes. “December typically…
The Denver Metro area’s residential real estate market saw increases in new listings, sold properties and sales prices, but experienced a big dip in active listings during the first month of 2016. According to the Colorado Association of REALTORS® Monthly Market Statistical Reports, the Denver Metro area had a hike in new listings of single…
The national real estate market is expected to continue at a strong pace in 2016, although it probably will not be quite as robust as it was in 2015. Of course, the real estate market had a very solid year in 2015 – one of the best since the downturn started in the fall of…
Whether you’re new to Colorado or have lived here for years, information on our job and housing market is always good to know. Keeping you up-to-date on what’s happening in the area of employment and job growth, below is information from a Colorado Association of REALTORS® report for 2015. Of the approximately 2.5 million jobs…
Market Snapshot-Denver Real Estate Market As of April 30, 2014 Apr-14 Prior Month % Change Year Ago % Change Single Family (Detached + Attached) Active 7,323 6,902 6% ⇑ 5,678 29% ⇑ New Listings 6,855 5,938 15% ⇑ 6,804 1% ⇑ Under Contract 7,024 6,544…
We, along with most everyone else , believe interest rates will rise in 2014. If you were to ask most mortgage bankers where the rate on the 30-year fixed-rate loan will be on Dec. 31, 2014, you’ll likely get a response of 5% or above. To be sure, the year is still young, but mortgage…