Market Metrics:   The inventory of active listings at November month end hit a new low at 12,634 units, a decline of 11% month over month and 37% year over year.  Buyer demand continues steady at a seasonally adjusted rate for the holiday season.  Declining supply and steady demand… Read More »

If you thought you knew all the reasons why your Denver home has lost value, think again. As the Government continues to investigate the recent housing crisis, they have discovered something rather interesting. A report by the Federal Reserve Bank of New York shows that speculative real estate investors, commonly… Read More »

Denver homeowners remodel for many different reasons and justify the expense as an “investment” that will be returned when the house is sold. This, however, does not always come to pass, especially if you do an “over-the-top” remodel.   If you’re planning a Denver home renovation or addition, here are… Read More »

You probably think that if you live in Denver or other areas of Colorado, you are safe from the threat of flooding.  After all, Denver gets very little rainfall annually and is 5,280 feet above sea level. Yet over 2000 people in Denver live on a flood plain, and the… Read More »

If you’re planning any sort of large financial transaction—such as refinancing or buying a home in the Denver area—be aware of your credit score. Higher credit scores can mean a better chance of getting approved for a loan as well as a lower interest rate.   Here are five things… Read More »

Market Metrics:   In October, the unsold inventory of active listings in metro Denver hit a new low at 14,156 units, the second month in a row for setting a new low record.  As we are moving into new territory, there is steady demand by buyers and low inventory.  When… Read More »

If you’re a high-tech worker, Colorado is a very good place to live.  According to the recent Cyberstates 2011 report from the Tech America Foundation, Colorado has the third-highest concentration of high-tech workers in the country. There were 156,900 high-tech workers in Colorado in 2010, and the state’s high-tech payroll… Read More »

Interest rates are at record lows and home affordability is high. Yet many Denver home buyers and others across the country are waiting to buy a home, says a new survey by Move Inc.    Of the 1,000 American adults questioned, 27 percent said they would buy a home in… Read More »

The end of the third quarter for the Denver housing market reveals that both foreclosure filings and foreclosure sales have dropped markedly from this period in 2010. This is continued positive news for homeowners in Denver and the surrounding areas.   Foreclosure filings are the first step in the foreclosure… Read More »