Selling Residential Real Estate in Metropolitan Denver
New word! A datalanche is the condition of too much information falling on the interested observer, creating intellectual numbness. Since the “housing crises” began, the amount of statistical data put forth to explain the crises has expanded exponentially. From Case-Shiller to Core-Logic®, from Harvard to Texas A & M, from the National Association of REALTORS® [...]
Key Economic Statistics The current real estate/economic picture in Denver remains positive for the individual home seller in the lower price ranges. Resale inventory remains markedly lower than previous years, while closed sales increased in 2011 from the previous year. New home building remains low, interest rates remain at historic lows, and employment is slightly [...]
The average price continues to remain low because 50% of the sales are under $300,000 The lowest inventory in 20 years will make it difficult for buyers as we approach the spring market. Sales exceeded 2010 starting in June, and eclipsed the 2009 sales in December, indicating a slightly improving market. The average days on [...]
Colorado Real Estate License EC40043328
3801 E. Florida Ave., Suite 400, Denver, CO 80210
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